Italy's bailed-out BMPS bank to cut workforce by 4.600
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Italy's bailed-out BMPS bank to cut workforce by 4.600

Milan : Italy | Jun 27, 2012 at 2:10 AM PDT
Source: Channel NewsAsia
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Italy's Banca Monte dei Paschi di Siena, the world's oldest bank, said on Wednesday it will reduce its workforce by 4,600 people by 2015, as the struggling lender accepted a state bailout loan...The Tuscan bank said it would carry out the "necessary procedures" to obtain a bailout loan "estimated at... FULL ARTICLE AT Channel NewsAsia
 
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