Bankia to Cut 28% of Staff and 39% of Branches

BFA-Bankia said in a regulatory filing that it sees 19 billion-euro of losses in 2012. The Spanish lender will cut 28% of staff and 39% of branches between 2012 and 2015.

Sales Check With Hudson's Bay CEO Jerry Storch
18:55 - Hudson's Bay CEO Jerry Storch weighs in on Black Friday sales. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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