The week that was: 26 February 2010
Financial results galore in the postal sector this week…
Read MoreTag: Europe
Innovation at La Banque Postale: The importance of remittances
Jean Marie Dragon, director of marketing – means of payments at France’s La Banque Postale, spoke to the Mail & Express Review about challenges in the postal sector, the bank’s remittance business and how it is responding to pressure from new payments legislation.
Read MorePosten Norden to slash 2,000 jobs
Posten Norden plans massive lay-offs in a move to cut costs as profits tumble – blamed on dwindling letter volumes and increased competition from digital communications, reports The Swedish Wire.
Read MoreSwiss Post pours more assets into anti-benchmark strategy
The Swiss Post Pension Fund has allocated an additional CHF60m ($55.5m) to TOBAM’s so-called anti-benchmark fund, the French asset manager said, reports Global Pensions.
Read MorePosten Norden describes results as “acceptable”
Posten Norden described its latest financial results as “acceptable”, given the current economic turbulence, substantial operational improvements and a rapid merger process.
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