Bank of Ireland is to merge its two intermediary subsidiaries, Chase de Vere Investments and MX Fina...
Bank of Ireland is to merge its two intermediary subsidiaries, Chase de Vere Investments and MX Financial Solutions, cutting staff numbers by around 350, or 40% of the total headcount. Mike Soden, Bank of Ireland chief executive, said the merger will eliminate duplication and see some activities scaled back, although the target areas have yet to be identified following consultation with staff across both firms.
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