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Compiled by Kirk Kjeldsen

ABN Amro Lays Off 770 IT Staff

ABN Amro is laying off 770 of its IT staff in the Netherlands as part of its latest restructuring program, which affects its corporate and institutional units.

In ABN’s latest restructuring plan, the back office of European treasury will be concentrated in Amsterdam, while the back office of equities, fixed income and derivatives will be based in London. Together with a further rationalization of infrastructure, development and other back

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