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https://www.straitstimes.com/busine...ut-dubai-singapore-jobs-as-bank-reduces-costs
Standard Chartered said to cut Dubai, Singapore jobs as bank reduces costs
Standard Chartered said it is cutting jobs in Dubai and other key markets including Singapore.PHOTO: ST FILE
Published
Dec 2, 2018, 6:56 pm SGT
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LONDON (BLOOMBERG) - Standard Chartered Plc is cutting jobs in Dubai and key markets including Singapore as it looks to curb expenses, people familiar with the matter said.
Some senior roles are included in the cuts, the people said, asking not to be identified because the emerging-markets lender's strategy isn't yet public. As many as 100 positions may be impacted in Dubai although the number hasn't been finalised, two of the people said.
The eliminations also include leadership at the firm's priority banking operations, which offer personalised wealth-management services, one of the people said.
Standard Chartered said to cut Dubai, Singapore jobs as bank reduces costs
Standard Chartered said it is cutting jobs in Dubai and other key markets including Singapore.PHOTO: ST FILE
Published
Dec 2, 2018, 6:56 pm SGT
Facebook Twitter WhatsApp Email
LONDON (BLOOMBERG) - Standard Chartered Plc is cutting jobs in Dubai and key markets including Singapore as it looks to curb expenses, people familiar with the matter said.
Some senior roles are included in the cuts, the people said, asking not to be identified because the emerging-markets lender's strategy isn't yet public. As many as 100 positions may be impacted in Dubai although the number hasn't been finalised, two of the people said.
The eliminations also include leadership at the firm's priority banking operations, which offer personalised wealth-management services, one of the people said.
