Societe Generale SA plans to cut as many as 700 jobs in Paris and eliminate hundreds more positions in London and New York after experiencing a difficult first-quarter in investment banking, people with knowledge of the matter said.
The French bank is speeding up dismissals at its headquarters after tough trading conditions persisted into the new year and may announce the cuts as soon as next week, the people said, asking not to be identified as the matter is private. Bruno Benoit, head of the key fixed income and currencies trading unit, is among high-profile executives to leave the firm, they said.
Read more at - SocGen Plans 700 Paris Job Cuts
Just to let you know: This is an independent tasting. We have not received any fees from Cognac brands or producers. Läs mer...
Runt om i världen har människor manifesterat till stöd för de journalister och satirtecknare som dödades i onsdagens terrordåd mot tidningen Charlie Hebdo. Läs mer...
Thinking of flashing your new Rolex on Instagram? Better make sure you’ve paid your taxes. Läs mer...