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Goodbody jobs at risk

GOODBODY Stockbrokers may cut almost 20pc of its employees after parent AIB completed the €24m sale of the stockbroker to Fexco last week.

The firm, which employs about 270 people, told employees that it would cut an initial 25 jobs in its institutional equities, private clients and corporate finance units. Fexco Holdings Ltd, a Kerry-based financial services firm, first signed the deal in September.