Bank of France :Trichet to propose branch closures

A report from Bloomberg news says Bank of France governor Jean-Claude Trichet will probably inform the central bank's board members that he plans to cut the central bank's branch network by more than 100.

Source: Bloomberg

Bank of France Governor Jean-Claude Trichet will probably tell the central bank's board today he's considering shutting half the branch network and shedding thousands of jobs, angering unions that already plan to strike.

Trichet will probably propose eliminating more than 100