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Name | Symbol | Market | Type |
---|---|---|---|
NatWest Group plc | NYSE:NWG | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.08 | 1.03% | 7.82 | 100 | 10:24:54 |
--State-backed bank NatWest Group PLC is set to lay off 550 full-time roles and is planning to close an office in London as it pursues cost-cutting measures, according to a report by Reuters.
--Following the bank's expected loan losses due to the pandemic, the job cuts will be done through a round of voluntary redundancy and a spokesperson for the bank said that there will be no compulsory redundancy as a result of the announcement, Reuters reports.
Full story: https://reut.rs/3kC9Syv
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(END) Dow Jones Newswires
August 12, 2020 09:37 ET (13:37 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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