The $2 billion financial services firm is farming out large parts of its operations to State Street in a major cost-cutting drive.
Perpetual will begin axing more staff in the coming months as it prepares to cut costs and outsource increasingly large parts of its operations to American multinational State Street.
Affected employees will depart the $2 billion ASX-listed financial services group later this year as chief executive Bernard Reilly streamlines the business to focus on its core asset management and corporate trust operations.
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One last check in with the Swing Shift voters before Election Day. All of them voted for President Trump. Now, they're rating his presidency and deciding who to support when he's not on the ballot.
