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Credit Agricole SA To Cut 1,400 Jobs in 2013-Reuters


Sunday, 24 Feb 2013 07:00pm EST 

Reuters reported that the regional banks that control Credit Agricole SA plan to cut 1,400 jobs in 2013 as staff leaving will not all be replaced. Credit Agricole's parent network of regional lending banks expects 4,125 staff to leave this year and will only recruit 2,707 people according to an internal document from the bank's national federation (FNCA).