Investment Banking

Panmure Liberum cuts 20 jobs across dealmaking, research and trading as merger completes

Cost savings have been found following the completion of the merger between the two brokers

Rich Ricci took over as chief executive of Panmure Liberum in January
Rich Ricci took over as chief executive of Panmure Liberum in January Photo: Max Mumby/Indigo/Getty Images

The newly combined investment bank Panmure Liberum has laid off dealmakers, research analysts, traders and sales staff after the merger completed in May.

Around 20 employees are leaving the investment bank, according to a list of names seen by Financial News, across the major business lines of the previously separate companies.

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