Societe Generale will cull up to 700 positions, with hundreds more expected in London and New York, Bloomberg reported.
The bank shocked investors with a profit warning last year, leading to cost cuts of 500 million euros.Societe Generale's rough first quarter is triggering a massive round of job cuts, with Bloomberg reporting that the French bank will cull up to 700 positions, with hundreds more expected in its offices in London and New York.
One high-flying SocGen executive is leaving: Bruno Benoit, head of the key fixed income and currencies trading unit.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Slack is reportedly going put its direct listing on the New York Stock Exchange | Markets InsiderSlack is reportedly going to put its direct listing on the New York Stock Exchange
Weiterlesen »
Hundreds vaccinated after measles emergency in New YorkA New York county which declared a state of emergency over a measles outbreak is on the 'right path' after administering hundreds of vaccinations in two days, the chief of the US district said on Friday. Under the emergency, Rockland County banned non-vaccinated minors from public places in
Weiterlesen »
The President's Proposed Budget Would Fire Hundreds Of Meteorologists And Slash Tornado ResearchThe president's proposed budget would slash more than $75,000,000 from the National Weather Service in 2020, which would eliminate hundreds of positions and reduce observations that help forecasters create better forecasts.
Weiterlesen »
Amazon is slashing Whole Foods' prices by 20% on hundreds of itemsAmazon will slash prices at Whole Foods this week by an average of 20% on hundreds of items.
Weiterlesen »
Whole Foods will slash prices on hundreds of items starting WednesdayWhole Foods will slash prices on hundreds of items starting Wednesday, marking the third round of price cuts as the grocer looks to revamp its 'Whole Paycheck' image.
Weiterlesen »
The President's Proposed Budget Would Fire Hundreds Of Meteorologists And Slash Tornado ResearchThe president's proposed budget would slash more than $75,000,000 from the National Weather Service in 2020, which would eliminate hundreds of positions and reduce observations that help forecasters create better forecasts.
Weiterlesen »
Nomura is reportedly slashing more than 100 jobs this week, but insiders are bracing for a bigger shockJob cuts are coming at Nomura. While staff in the struggling international unit are expecting a brutal announcement, they still may be in for a shock.
Weiterlesen »
Nike unveils new New York Jets uniformsLook at the new New York Jets uniforms from Nike
Weiterlesen »
New York Jets' new uniforms spark Twitter meltdownThe Jets released their three new uniforms on Thursday but there were mixed feelings over aesthetics.
Weiterlesen »