Financial firms in London, besieged by Europe’s sovereign-debt crisis, probably will shrink their workforce this year, snapping a hiring rebound from 2008’s credit crisis as New York’s industry ekes out job growth. Banks, insurers and other financial-services firms may eliminate a total of about 3,000 jobs across greater London as companies in the New York region add 9,000, according to U.K.- based researcher Oxford Economics Ltd. Reductions will be particularly acute in London’s financial district, known as the City, where that industry may cut 25,200 positions, according to the Centre for Economics and Business ... (full story)