CIMB Group Holding Bhd said it has no new plan to lay off staff in Malaysia and Indonesia in 2016 after the completion of last year’s mutual separation scheme (MSS), said chief executive officer Tengku Datuk Seri Zafrul Aziz.
Instead, the focus would be on improving productivity within the group and continuing with its business agenda.
The banking group, however, confirmed that it had let go 32 staff members from its investment banking and equities business arm in Hong Kong. The redundancy exercise reflected the worsening capital markets environment in North Asia.
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Instead, the focus would be on improving productivity within the group and continuing with its business agenda.
The banking group, however, confirmed that it had let go 32 staff members from its investment banking and equities business arm in Hong Kong. The redundancy exercise reflected the worsening capital markets environment in North Asia.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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