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BNP Paribas Won’t Seek Any Large Staff Reductions Globally, CEO Prot Says

BNP Paribas (BNP) SA won’t seek any large staff cuts globally and might look to “some local” adjustments in its workforce, Chief Executive Officer Baudouin Prot said in an interview with Bloomberg Television in Paris.

“We might have to update and make some local adaptations but I don’t see the need for big staff reduction” at BNP Paribas, Prot said.

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