National Bank Financial is slimming its international profile, eliminating an institutional equities office in Geneva.
About 10 senior people have been let go as a result of the closure.
The Geneva office offered high-end electronic brokerage services, research and institutional advice European clients, according to NBF International SA's Linked In page.
The bank's European financial markets work is now centred in London, although the bank also has a presence in Paris, a spokesman for the company said on Tuesday.
(Jacqueline Nelson is a Globe and Mail Financial Services Reporter.)
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