A new round of cost cutting in European banks after the crisis

The effects of the crisis and the consequent economic policies have accelerated the actions of large European banks to reduce operating and labour costs, in particular concerning the branch network, back-office and other nonproductive processes. In this context, remuneration policies are characterized by great prudence and hours’ flexibility is a competitive tool of particular importance.

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Year of publication:	2011
Authors:	Durante, Giancarlo ; Prosperetti, Luigi
Published in:	BANCARIA. - Bancaria Editrice. - Vol. 02.2011, February
Publisher:	Bancaria Editrice
Subject:	crisi finanziaria \| banche \| gestione del personale \| razionalizzazione dei costi

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Extent:	text/html
Type of publication:	Article
Classification:	G01 - Financial Crises ; G21 - Banks; Other Depository Institutions; Mortgages ; M51 - Firm Employment Decisions; Promotions (hiring, firing, turnover, part-time, temporary workers, seniority issues)
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009132679