Summary
THE banking entity that will emerge from the dust of the 1,700 job losses announced at the Clydesdale and Yorkshire banks yesterday will be leaner, fitter and ready to claw back market share, according to the chief operating officer, David Thorburn.
Confirming the much-trailed cuts, he said: "We are making the business ... more cost- efficient through eliminating duplication across the banks, cutting costs and streamlining our process of delivery."See the full content of this document
Extract
Nab Cuts 1,700 British Jobs
The axe being wielded by parent National Australia Bank (NAB) is a measure of its commitment to the UK, not the first crack in its resolve to remain...
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