SG To Slash Several Hundred Jobs

Société Générale has said it will cut several hundred jobs in its corporate and investment banking unit next year to help it meet higher capital requirements.

  • 16 Nov 2011

Société Générale has said it will cut several hundred jobs in its corporate and investment banking unit next year to help it meet higher capital requirements. France’s second largest bank is also planning to freeze salaries and reduce bonuses.

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