ABN Amro cuts 900 jobs across North America
NEWS
The bank runs most of its US asset management, wealth management and private banking divisions in the city. Subsidiary, LaSalle Bank is also based there.
Another 200 cuts will be made in Michigan, where the retail banking divisions and ABN Amro Mortgage Group operate.
The move follows an announcement in ABN Amro's third-quarter results of a drive to reduce costs, improve operational performance and focus on core business areas.
The cuts will come in the first half of next year, and follow 1,500
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