BSI cut 14 job places in Switzerland

BSI planned a series of layoffs, as reported yesterday by leaders of the bank's to RSI television: cutting 14 employees (out of a total of 1,200 employees in Switzerland) are not part of a restructuring process, as "Dismissal it is an ordinary measure developed over time due to poor performance."

The Association of Bank employees, mediator, however, did not appreciate the motivation: "We could not influence the decision but we have negotiated more favorable conditions than those proposed", adding that the concept of "poor performance" unconvincing: "Some employees were working there for 30 years. " The measure covered workers at the offices in Geneva, Zurich and Lugano.

The oldest bank in the canton of Ticino, the BSI, is guilty of having violated the provisions on money laundering and FINMA has established its closure within a year. It can be acquired, as expected, by the EFG International.