Banking sentiment improves

The region-wide purge in bank staffing levels may have run its course, according to a survey of trader sentiment. The poll, conducted by brokerage Prebon Yamane, found that about 75 per cent of respondents expected staff numbers to remain unchanged over the coming months, while 18 per cent said they expected payrolls to grow. Just 7 per cent of those questioned said that they saw more staff cuts.