Director / Editor: Victor Teboul, Ph.D.
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

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

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 misselling scandal.   The U.S. Department of Justice accuses Deutsche Bank of misselling mortgage securities, residential loans repackaged as bonds and sold to investors, dating back to 2005. Regulators have put the...

Read complete article
© Voice of America -

Follow us on ...
Facebook Twitter