{"id":346392,"date":"2017-08-20T11:08:35","date_gmt":"2017-08-20T11:08:35","guid":{"rendered":"http:\/\/citifmonline.com\/?p=346392"},"modified":"2017-08-20T11:08:35","modified_gmt":"2017-08-20T11:08:35","slug":"banks-collapse-laid-off-workers-will-survive-toma-imihere","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/08\/banks-collapse-laid-off-workers-will-survive-toma-imihere\/","title":{"rendered":"Banks collapse: Laid off workers will survive – Toma Imihere"},"content":{"rendered":"
The editor of the Financial Post newspaper, Toma Imihere, is optimistic the\u00a0banking professionals, who will be casualties of the collapse of the Capital and UT banks will land on their feet.<\/p>\n
The growing financial\u00a0industry is ripe to absorb the staff that will be laid off, Mr. Imihere said on The Big Issue<\/strong>.<\/p>\n [contextly_sidebar id=”BMmXKbD2KEkt8ks2cWsozVgQ6LQjKvnG”]The top-level management of the two collapsed banks will certainly lose their jobs but it is unclear the fate of the other workers, numbering close to 2,000.<\/p>\n Indications are that negotiations are in place to protect those who wish to work for GCB Bank, which stepped in to assume the assets and liabilities of the distressed banks.<\/p>\n