Deutsche Bank to Increase Job Cuts, Lower Pay
Deutsche Bank AG, Europe’s biggest bank by assets, will cut jobs and review its pay practices to help boost profitability as capital requirements rise and Europe’s debt crisis drags on.
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Draghi Says Firmly Convinced of Need for ECB Support
03:13 - European Central Bank President Mario Draghi spoke about the need for continued monetary policy support for the Euro Area. Draghi's comments came as part of a hearing at European Parliament in Brussels. (Source: Bloomberg)