More Job Cuts May Follow for U.K. Banks

May 28 (Bloomberg) -- Britain’s four biggest banks will have eliminated about 189,000 jobs by the end of this year from their peak staffing levels, bringing employment to a nine-year low amid a dearth of revenue. More cuts may follow. Manus Cranny reports on Bloomberg Television's "Countdown." (Source: Bloomberg)
Banking on Aceh for Islamic Finance
45:35 - Indonesia has taken another step towards its goal of being an Islamic banking hub to rival Malaysia. Aceh province plans to convert its development bank to one that complies with Islamic law. Bloomberg’s Tommy Tjokro reports on “Trending Business.” (Source: Bloomberg)
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