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Deutsche woes overshadowed by eurozone fears

Deutsche woes overshadowed by eurozone fears

Just as the domestic banking sector is undergoing something of a revival (relatively speaking), we get a reminder of the lingering – and potential – problems faced by the sector within the eurozone, as Deutsche Bank (DBK:GR), Germany’s biggest lender, announced that it is cutting over 7,000 jobs globally, with the investment banking arm in London firmly in the cross-hairs.

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