La Poste, the French state-owned post office, has revealed that its new banking subsidiary Banque Postale will employ around 900 people currently working for the group. Another hundred or so will be drafted from other La Poste subsidiaries and will occupy legal roles. The 900 or so workers coming from La Poste itself will be divided between commercial and management activities. Banque Postale is due to become operational on 1 January 2006.
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