European Banks Struggle As Profits Slump And Job Cuts Rise

FRANKFURT AM MAIN, GERMANY - OCTOBER 05: A general view of the corporate headquarters of Deutsche Bank (R) and the finance district of Frankfurt on October 5, 2016 in Frankfurt, Germany. Banks across Europe are struggling as their profits have fallen amid an ongoing period of low interest rates, and many, including Commerzbank and Deutsche Bank of Germany, ING and ABN Amro of Holland, and Banco Popular of Spain, are responding by slashing thousands of jobs in an effort to cut costs. (Photo by Thomas Lohnes/Getty Images)
FRANKFURT AM MAIN, GERMANY - OCTOBER 05: A general view of the corporate headquarters of Deutsche Bank (R) and the finance district of Frankfurt on October 5, 2016 in Frankfurt, Germany. Banks across Europe are struggling as their profits have fallen amid an ongoing period of low interest rates, and many, including Commerzbank and Deutsche Bank of Germany, ING and ABN Amro of Holland, and Banco Popular of Spain, are responding by slashing thousands of jobs in an effort to cut costs. (Photo by Thomas Lohnes/Getty Images)
European Banks Struggle As Profits Slump And Job Cuts Rise
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Credit:
Thomas Lohnes / Stringer
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612932886
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Getty Images News
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October 05, 2016
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