Largest Dutch Bank To Fire Thousands

Friday, September 30, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Sep 30, 2016

One day after Germany’s second largest lender confirmed reports of a massive restructuring when it announced it would lay off nearly 10,000 employees, or about 20% of its entire workforce while slashing the bank’s dividend for the rest of the year, the Dutch newspaper Het Financieele Dagblad reported that ING Groep, the largest Netherlands lender, will announce thousands of job cuts at its investor day on Monday.

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