More Job Cuts At U.K. Banks May Be Needed

U.K. banks may have to reduce their workforce even more than already announced to help cut costs and improve their profitability in the face of higher capital requirements under new regulations, according to KPMG.

  • 19 Mar 2012

U.K. banks may have to reduce their workforce even more than already announced to help cut costs and improve their profitability in the face of higher capital requirements under new regulations, according to KPMG.

Click here to read the story from Bloomberg.

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2 Rabobank 35.35
3 Morgan Stanley 11.45
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4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%