Top Thai Lender Rules Out Banking Job Cuts in Business Overhaul
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Siam Commercial Bank Pcl will maintain banking staff levels as Thailand’s biggest lender restructures its business spinning off some units into a new company.
There will be no job losses at the banking operations, Chief Executive Officer Arthid Nanthawithaya said in Bloomberg Television interview on Monday. Siam Commercial will focus on profitability, fintech investments and other growth opportunities in the overhaul, he said.