Debt Slump Leaves Traders Exposed as European Bank CEOs Eye Cuts

  • Weak trading revenue at U.S. firms bodes ill for Europeans
  • Trading floors like `morgues' could be ripe for job cuts

For the new leaders of Deutsche Bank AG and Credit Suisse Group AG, a debt-trading slump in the third quarter could provide fresh incentive to shrink their bond businesses as they reshape the firms to boost profitability.

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