HK’s Dah Sing in retail review
(Hong Kong) - Dah Sing Financial Group has confirmed it is reviewing its retail operations, but says no decisions have yet been made on job cuts.
The head of Dah Sing's retail operation, Shera Lee, resigned in December and local reports claim as many as 100 of the 600 employees in retail could lose their jobs.
Dah Sing has confirmed it is involved in a "housekeeping review" of its retail business, and the bank is believed to be looking at synergies between its retail operation and its internet banking arm, Mevas Bank.
Dah Sing has confirmed it is involved in a "housekeeping review" of its retail business, and the bank is believed to be looking at synergies between its retail operation and its internet banking arm, Mevas Bank.
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