Dutch bank to restructure risk-related positions, potentially leading to layoffs.

Dutch bank is restructuring risk-related positions throughout the bank. Two months later, CEO Marguerite Berard intends to introduce the bank's new strategy to investors. The bank has already informed risk managers and process and control staff in various customer departments of the adjustments to come. A spokesperson stated in an email declaration that the restructuring will require approval from the company's union committee and may lead to layoffs. This is the latest cost-cutting measure taken by the bank. In April, the Dutch bank froze hiring to meet cost targets. In June, the corporate banking department was also restructured.