NatWest Group to Exit Poland, FT Reports
Provided by
Dow Jones
--NatWest Group is planning to close operations in Poland, which houses its financial crime unit, following completion of a project in the region, the Financial Times reports citing sources.
--The bank--in which the U.K. Government has a 21.93% shareholding--employs 1,600 people in Poland, the FT reports.
--Job cuts will be made in two stages and are expected to be completed by the end of next year, FT says.
--NatWest didn't immediately respond when approached for comment by Dow Jones Newswires.
Full story: https://tinyurl.com/4n6day2c
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
June 20, 2024 01:18 ET (05:18 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Six Sports Betting and iGaming Stocks Trading at a Discount
-
4 Predictions for Stocks and the Economy for the Second Half of 2024
-
What Broadening Rally? AI Stocks Dominate Again In Q2
-
After Earnings, Is Nike Stock a Buy, a Sell, or Fairly Valued?
-
Worst-Performing Stock ETFs of the Quarter
-
Top-Performing Stock ETFs of the Quarter
-
Q2 In Review and Q3 2024 Market Outlook
-
5 Stocks to Buy for 3Q 2024
-
Industrials: Sector Offers Investment Opportunities as Performance Lags Broader Market
-
Consumer Defensives: Even Amid Macro Pressures, Deals Permeate the Landscape
-
33 Undervalued Stocks
-
Utilities: Can the Stocks Keep the Rally Going?
-
Basic Materials: Following Index Decline, We See Many Long-Term Opportunities
-
Healthcare: Valuations Look Attractive In Most Industries
-
Financial Services: Amid Uncertainties, We See the Most Value In Banks and Credit Services
-
Consumer Cyclicals: Even With Anxiety Over Spending, We See Attractive Valuations