Mergers & Acquisitions
Retail Banking
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Abu Dhabi Commercial Bank to Cut About 2,000 Jobs After Merger
Abu Dhabi Commercial Bank PJSC, which completed a three-way merger earlier this year, may cut about 2,000 jobs as the lenders integrate operations, people with knowledge of the plans said. The state-controlled bank started the job cuts once it began combining with Union National Bank PJSC and Al Hilal Bank…
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Click here to read the full story: Bloomberg