European banks spend €1.1bn axing senior staff

All NewsJune 11, 2025

Largest single severance payment of €11.2mn in pool split between 2,100 staff at seven banks since 2018

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.

Cookie settings ACCEPT

European banks spend €1.1bn axing senior staff

The UCW Newswire : Financial, Business and Tech News

Recent Headlines

Volkswagen workers may get Microsoft AI instead of a raise

Google’s AI chip could become a $75 billion business

Amazon caught hackers probing a PHP flaw 4 days before the fix

Japan September 2026 Headline CPI 2.1% y/y (expected 2.1%)

Pentagon bans US forces from using military info to bet in prediction markets