--BNP Paribas SA (BNP.FR) plans to cut around 500 jobs at its Securities Services unit in France, deputy national delegate for the SNB union Joel Debeausse tells Reuters.

--All cuts will be made through voluntary redundancies in the next three years, France's biggest bank tells Reuters, citing increased pressure from competition and low interest rates.

 

Full story: https://reut.rs/2MwQipI

 

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(END) Dow Jones Newswires

August 22, 2019 11:00 ET (15:00 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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