Clydesdale Bank Axes 1000 Jobs Australian Owners to Close 'Unprofitable' Branches
Summary
A GREAT Scottish institution suffered a further reversal of its fortunes yesterday when the Australian owner of the Clydesdale Bank announced it was axing nearly 1000 jobs in Scotland.
They are among 1700 posts which will go at National Australia Bank's UK operations, including Clydesdale and the Leeds-based Yorkshire Bank.See the full content of this document
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Clydesdale Bank Axes 1000 Jobs Australian Owners to Close 'Unprofitable' Branches
The cuts, to take place over the next 12-18 months, were necessary to make the UK holdings "more nimble and customer- focused", according to the Australian bank.
The group employs about...See the full content of this document