Where Did The Employees From The Collapsed Banks Go?

Here is an interesting graphic based on data from Linkedin, it shows where collapsed bank employees went during the economic crisis.

From Linkedin:

One hypothesis is that many of the employees left the financial industry. According to the LinkedIn data set, that just isn’t true. There are a handful of people that did transition to other industries and start new careers, but most stayed in the financial space. To be specific, other than two acquiring companies (Bank of America acquired Merrill Lynch and Nomura acquired Lehman Brothers’ franchise in the Asia Pacific region), Barclays was by far the biggest beneficiary, scooping up 10% of the laid off talent, followed by Credit Suisse at 1.5% and Citigroup at 1.1 %.

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Tags: Bank Failures, Banks, Citi

This entry was posted on February 25, 2010 at February 25, 2010 and is filed under Banks. You can follow any responses to this entry through the RSS 2.0 feed.