Summary
NATIONAL Australia Bank is to close 100 Clydesdale and Yorkshire Bank branches as well as sacking 2500 workers Down Under in an effort to claw back costs from a terrible 18 months.
NAB had already announced that 1700 UK jobs were being slashed as the lender reels from a forex trading scandal last year that led to losses of A$360 million (Pounds 280 million).See the full content of this document
Extract
Nab to Slash 2500 Jobs and Cut Uk Branches
The cuts come despite the bank posting a 17% increase in net profit to...
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