BNP Paribas Plans 500 Job Cuts at French Securities Services Arm -Reuters
August 22 2019 - 11:15AM
Dow Jones News
--BNP Paribas SA (BNP.FR) plans to cut around 500 jobs at its
Securities Services unit in France, deputy national delegate for
the SNB union Joel Debeausse tells Reuters.
--All cuts will be made through voluntary redundancies in the
next three years, France's biggest bank tells Reuters, citing
increased pressure from competition and low interest rates.
Full story: https://reut.rs/2MwQipI
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(END) Dow Jones Newswires
August 22, 2019 11:00 ET (15:00 GMT)
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