Wed, Nov 20 2024
In a surprising move, Deutsche Bank has announced plans to slash 3,500 jobs as part of its ongoing restructuring efforts, even as the financial institution reported a significant profit of $4.5 billion for the last fiscal year. The decision to downsize the workforce comes amidst a challenging environment in the banking industry and is aimed at enhancing efficiency and cutting costs.
In a significant bipartisan effort, the Senate has unveiled a comprehensive aid proposal totaling $118 billion aimed at supporting key allies and addressing critical security needs. The proposal includes substantial allocations for Israel, Ukraine, and bolstering border security measures, reflecting the Senate's commitment to strengthening international partnerships and addressing pressing security challenges.
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