However bank refuses to confirm speculation
The bank active in lending UK brokers cash for expansion, Macquarie, is slashing jobs in Australia, a leading union has claimed.
The Finance Sector Union of Australia claims the bank is to make up to 700 job cuts. However Macquarie refused to confirm.
A Macquarie spokeswoman said the company had no comment on the union’s projections. All units look at their staff levels ‘constantly.’
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