UniCredit Bank Austria's Chief Executive, Willibald Cernko, has told a recent news conference that the bank may not need to make any job cuts as part of a major restructuring programme on its retail business. VIENNA, Dec 15 (Reuters) - The bank's chief executive, Jörg Krämer, said in an interview with Austrian daily Kurier published Tuesday that he was confident about the bank’s ability to weather the current economic downturn.
UniCredit Bank Austria's Chief Executive, Willibald Cernko, has told a recent news conference that the bank may not need to make any job cuts as part of a major restructuring programme on its retail business. The bank's chief executive, Jörg Krämer, said in an interview with Austrian daily Kurier published Tuesday that he was confident about the bank’s ability to weather the current economic downturn.