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Archived story3 articles · 2 publishers

Close Brothers raises cost-cutting target as job cuts begin

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Close Brothers has increased its cost-cutting target after delivering £36m in savings in the year to July 31, aiming for more than £60m in the year ahead. The FTSE 250 bank, which earlier announced a 20% headcount reduction, said it was 'well into the next stage of restructuring'.

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Close Brothers raises cost-cutting target as job cuts begin
Photo: Evening Standard

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