Global dealers slash jobs
The bank announced 750 job losses as part of the restructuring of its businesses under the administration of PricewaterhouseCoopers in London.
"It is extremely disappointing that, despite exhausting all avenues, these jobs could not be saved," said Tony Lomas, partner at PricewaterhouseCoopers in London. "As we move into our third week, we continue to be focused on maximising the value of recoveries for creditors, while minimising the impact on other stakeholders as much as possible."
Most of the
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