Unicredit to Cut Jobs Over Next 3 Yrs

July 4, 2006

UniCredit SPA, Italy’s largest bank, announced Wednesday that it will cut 6,840 jobs, or 5.1%, over the next three years as part of a plan to boost annual earnings by 27% following last year’s acquisition of Germany’s HVB Group.

*For more on this story,

read the full Associated Press article.

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Unicredit to Cut Jobs Over Next 3 Yrs

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