LONDON: BNP Paribas SA is considering job cuts in the Middle East as its investment banking business in the region slows, two people with knowledge of the matter said.
France’s largest bank may cut more than 100 of about 560 staff in the Gulf Cooperation Council region, with most reductions likely to occur in Bahrain, the regional headquarters, one of the people said, asking not to be identified because the matter is private.
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