Shuaa plans further, ``significant'' job cuts
Investment bank Shuaa Capital, which earlier this year announced that it would be shedding about 11 per cent of its staff strength, has said that it plans further, ``significant'' job cuts as financial losses mounted in the third quarter of 2011.
BERLIN Troubled German lender Hypo Real Estate Holding AG says it plans to cut about 1,000 jobs by 2013 more than half its current work force.