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ING to cut 230 senior wholesale banking roles, focus on junior hiring

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ING said it has too many senior bankers within its wholesale banking divisionPhoto: Klaudia Radecka/NurPhoto via Getty Images

ING is cutting 230 senior jobs within its wholesale unit after a period of expansion for the Dutch lender which has been adding dealmakers to its ranks in recent months.

The bank will make around 230 redundancies within its wholesale banking unit with a focus on managing directors and directors, it said in a statement.

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