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Economy

Crisis Set To Cost 100,000 European Bankers Their Jobs

Europe’s “systematic crisis,” as EU Commission President José Manuel Barroso recently described the situation, has banks across the region preparing for widespread layoffs. Just this week France’s BNP Paribas gave word it’ll be letting 1,400 employees go.

Danske is one of several European banks that will be cutting staff
Danske is one of several European banks that will be cutting staff


*NEWSBITES

BERLIN -- The euro crisis has infected Europe's banks, which are depositing billions with the European Central Bank (ECB). Bankers are fearing for their jobs – with good reason.

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Mariateresa Fichele

"Dottoré, I know you’re going to say I’m superstitious and strange, you always give rational answers ... but I have to ask you a question: Is it true that ever since our stadium was renamed after Maradona, Napoli doesn't win at home anymore?"

"So?"

"Could it be that Saint Paul, to whom the stadium was initially dedicated, got offended and is making us lose now?"

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