Dutch banking major ABN AMRO has slashed 14 jobs in Guernsey, according to a report published by the BBC.
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ABN AMRO, reportedly, cited a ‘challenging business environment’ as the reason behind the jobs loses.
BBC quoted its managing director, Graham Thoume, saying that the lender would remain at its Admiral Park offices in Guernsey, with 98 remaining staff.
"We very much regret having to make these redundancies and are actively supporting affected staff," he added.
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