HSBC is to cut 1,100 jobs in its global banking and market division, 500 of those will be in the
Yesterday, Bradford & Bingley announced it is to axe 370 jobs, including 300 at its mortgage processing centre in Borehamwood, which will close. There will also be a “significant reduction” in intermediary sales team and redundancy of all remaining branch-based mortgage advisors.
Date: 25th, September, 2008
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