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CIMB to cut about 50 jobs across Asia to reduce costs: sources

Acting chief Zafrul Aziz gets confirmation as group CEO

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...

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