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National Australia Bank
Australia | NAB to cut 1,400 jobs in UK by 2015
NAB, which has been reviewing its UK unit that comprises over 300 Clydesdale and Yorkshire branches, said it planned to cut 1,400 jobs in UK by 2015, close some back offices and move the vast majority of the UK unit’s commercial real estate exposure valued at 6.2 billion pounds ($10.07 billion) to the parent. NAB … Continue reading
Australia | ANZ cuts 230 jobs
ANZ will axe 230 roles from its wealth management division as part of the 100 job cuts it announced earlier in 2012. An ANZ spokesman said staff in its Australian wealth business were told on Wednesday that 230 positions would be made redundant. The axed positions are part of the 1,000 job cuts the bank … Continue reading
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