European Banks Shed 20,000 Jobs as Worries Grow Over Deutsche Bank

October 05, 2016 01:46 PM
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Banks across Europe have announced over 20,000 job cuts in recent days as they struggle to make profits. The focus is on German giant Deutsche Bank, whose share price has hit 30-year-lows after U.S. regulators announced they are seeking a $14 billion fine over a mis-selling scandal, Henry Ridgwell reports from London on whether Europe is facing another banking crisis.