Meliorbanca To Cut Up To Half Its Employees

In step with other financial firms reeling from the credit crisis, Italy's Meliorbanca reportedly plans to cut up to 50% of its bankers, according to Bloomberg. The bank has suffered significant losses in mortgage related deals. jt

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In step with other financial firms reeling from the credit crisis, Italy’s Meliorbanca reportedly plans to cut up to 50% of its bankers, according to Bloomberg.

The bank has suffered significant losses in mortgage-related deals.

jt

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