Sweden's Handelsbanken to cut 800 jobs, pull out of Asia and Germany

STOCKHOLM (Reuters) - Handelsbanken said on Wednesday it would cut 800 jobs and pull out of Asia and Germany as it seeks to cut costs after restructuring charges dragged down the Swedish bank's third-quarter earnings.The job losses would include both employees and consultants, many of them outside Sweden, spokesman Mats Olsson said.The bank aims to curb costs after criticism of its spending on digital services and expansion abroad. It has also invested heavily in compliance to fight financial..