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BNP Paribas excludes need for deep staff cuts

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BNP Paribas, France's largest listed bank, will not follow several rival in cutting thousands of jobs, Chief Executive Baudoin Prot said, adding that costs were under control despite a challenging trading backdrop. Prot said the bank had not bulked up excessively after the financial crisis, helping it avoid the thousands…

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Click here to read the full story: Economic Times

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