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BNP Paribas (BNPQY.PK) joins other EU lenders in slashing jobs as they seek to cut costs and...

BNP 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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