SUBSCRIBERS
CIMB to cut about 50 jobs across Asia to reduce costs: sources
Acting chief Zafrul Aziz gets confirmation as group CEO
Published Thu, Feb 26, 2015 · 09:50 PM
Kuala Lumpur
CIMB Group Holdings Bhd, Malaysia's second-largest lender, plans to cut about 50 jobs in Asia to trim costs, people familiar with the matter said.
The reductions involve mostly equities-related positions in places including Hong Kong, Taiwan, India and South Korea, the people said, asking not to be named as the plan wasn't public.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Israel concerned over possible ICC arrest warrants related to Gaza war
China’s top airlines improve balance sheet in Q1; outlook positive for May Day
G7 reaches deal to exit from coal by 2035
US, Britain urge Hamas to accept Israeli truce proposal
Saudi Arabia says economic revamp momentum intact as plans shift
German inflation creeps up to 2.4% in April