The global financial-services industry will see more than 200,000 jobs on the chopping block — many of which will happen over the next two years. The biggest cuts are coming from Bank of America (NYSE:BAC) (34,075 employees); HSBC Holdings (HSB) (33,295); and ING (NYSE:ING) (19.000). Other major layoffs are expected from Citigroup (NYSE:C) and Northern Trust (NASDAQ:NTRS), which anticipate 4,500 each.

These eliminations directly reflect the poor fourth-quarter earnings, which so far report numbers down 26 percent from the previous quarter — almost three times worse than analysts’ predictions of a 9 percent decline.

Here’s how these banks are trading now:

Bank of America Corporation (NYSE:BAC): BAC shares recently traded at $7.30,. They have traded in a 52-week range of $4.92 to $14.95. Volume today was 21,384,313 shares versus a 3-month average volume of 273,693,000 shares. The company’s trailing P/E is 730.00, while trailing earnings are $0.01 per share.

ING Groep NV (NYSE:ING): ING shares recently traded at $9.17, down $0.04, or 0.43%. They have traded in a 52-week range of $5.80 to $13.41. Volume today was 190,014 shares versus a 3-month average volume of 4,930,790 shares. The company’s trailing P/E is 8.06, while trailing earnings are $1.14 per share.

Citigroup, Inc. (NYSE:C): C shares recently traded at $30.47, up $0.09, or 0.3%. They have traded in a 52-week range of $21.40 to $49.60. Volume today was 3,370,956 shares versus a 3-month average volume of 55,080,700 shares. The company’s trailing P/E is 8.25, while trailing earnings are $3.69 per share.

Northern Trust Corporation (NASDAQ:NTRS): NTRS shares recently traded at $41.37, up $0.29, or 0.71%. They have traded in a 52-week range of $33.20 to $54.90. Volume today was 84,115 shares versus a 3-month average volume of 1,838,680 shares. The company’s trailing P/E is 16.75, while trailing earnings are $2.47 per share.

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