Global investment banks have been suffering this year, with European banks being hit the hardest. As a result, nearly 30,000 jobs have been cut or are set to be cut across the sector. Deutsche Bank's radical overhaul of its business accounts for a large proportion of global cuts, but Barclays and Citigroup have also announced major cuts across their operations. View Markets Insider for more stories.
Global investment banks have been suffering this year, with European banks being hit the hardest. As a result, nearly 30,000 jobs have been cut or are set to be cut across the sector. Deutsche Bank's radical overhaul of its business accounts for a large proportion of global cuts, but Barclays and Citigroup have also announced major cuts across their operations. View Markets Insider for more stories.
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