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Report: DZ bank Ireland closes, loses 20 jobs

DZ BankAG closed its subsidiary DZ BANK Ireland Plc on March 31, a move thathas led to 20 layoffs, The Irish Timesreported April 11.

The supervisory board of the German parent companyreportedly decided to close the Dublin-based subsidiary in 2015, whichaccording to a DZ spokesperson, is part of the shifting focus of the lender toits domestic market along with local banks and clients.