Tuesday, April 9, 2019

French bank SocGen plans to cut 1,600 jobs in bid to buoy profits

Societe Generale, France's third-largest bank, unveiled on Tuesday a plan to cut 1,600 jobs, mainly at its corporate and investment banking arm, in a bid to buoy profitability after last year's poor performance.

from World News & Analysis https://www.cnbc.com/2019/04/09/french-bank-socgen-plans-to-cut-1600-jobs-in-bid-to-buoy-profits.html

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