With all the headline figures about thousands of redundancies, articles about how it’s not before time, and ongoing hounding by the popular press, has anyone actually thought how this is affecting the psyche of your average investment banker?

Well, the Evening Standard has; pointing to how stressed out financial services employees feel like the victims of a witch hunt, are losing weight and worrying how redundancy will hamper their ability to make ends meet. The fundamental points are: a) everyone in the financial sector gets lumped into the same category, ie a bonus gobbling millionaire living a lavish lifestyle and b) the vast majority of those working in the sector have done nothing wrong and losing their job would genuinely throw them into financial dire straits.

“Something clearly went seriously wrong in some banks,” said David Wootton, the Lord Mayor of the City of London. “But these actions do not represent the ethos of the 400,000 people who work in the City of London, nor the near two million who work in financial services across the UK.”

Elsewhere, the Wall Street Journal points to how Asia is feeling the brunt of the latest round of job cuts. This is based on research from analytics firm Coalition, which shows that the proportion of job losses in Asia among ‘revenue producers’ in the major investment banks has increased from 8% last year to 18% in the first quarter of 2012.

We’ve attained a copy of the report, which says that Asia is also likely to be the focus for any future front office investment banking redundancies, because EMEA and Americas felt the worst of the cuts last year.

Interestingly, global headcount in these front office positions – which includes jobs in Barclays, BAML, Citi, Credit Suisse, Deutsche Bank, Goldman, J P Morgan, Morgan Stanley, RBS and UBS – is now below 2009 levels at 59,865 (60,753 in 2009). The largest proportion of people, 21,764, are employed in fixed income, which has also felt the bulk of the cuts.

In Asia, meanwhile, headcount in Q1 2012 was still nearly 1,000 above that of 2009, at 13,409, and Coalition feels that more redundancies may be necessary.

Still, more pain could be coming. As we pointed to earlier this week, analysts are predicting that investment banking revenues could stagnate at 2005 levels, in which case headcount will need to be adjusted accordingly.

Meanwhile:

Cantor Fitzgerald is hiring in Asia (Deal Journal)

Wondering why Goldman is hiring for mortgage specialists and loan underwriters? Its deposit base has doubled since 2008 (Financial Times)

There's no 'sexiness' left in Wall Street jobs. Traders are turning to martial arts.(Bloomberg)

Bank of England employees flagged concerns about J. P. Morgan’s CIO in 2010 (Wall Street Journal)

Deutsche Bank issues a profit warning (Financial Times)

The weak euro is increasing compensation costs at Deutsche Bank (Financial News)

Deutsche Bank clears executives with internal Libor investigation (Telegraph)

20 employees at hedge fund Tudor Group shared $62.6m in compensation (Financial News)

Libor e-mails show “dealing room culture of cynical greed” (Bloomberg)

The head of Barclays' compensation committee has resigned (Dealbook)

Macquarie’s cash equities division will post a second consecutive annual loss, but there are no plans to fundamentally change its business model (Financial Times)

Yellow water is emerging from the taps at Goldman HQ (Dealbook)

Commerzbank has its own mini-Olympics, pitching German and English staff against one another at table football (Financial News)