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BNP Paribas (BNPQY.PK) joins other EU lenders in slashing jobs as they seek to cut costs and...
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Wednesday, November 16, 2011, 2:55 PM ETBNP Paribas (BNPQY.PK) joins other EU lenders in slashing jobs as they seek to cut costs and raise capital. BNP will cut 1,396 positions - roughly 6.5% of its staff - from its corporate and investment bank, a division that is struggling due to the difficult financial markets.
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