$KBE $C $HSBC Bank Job Cuts Top 60,000

Citigroup and Wells Fargo are resuming job cuts starting this week and ending an earlier pledge to pause staff reductions during the coronavirus pandemic. U.S. banks have resumed job cuts in

$EUFN $UBS ECB Urges Banks to Pause Shareholder Payouts for Longer

Jul.28 -- The European Central Bank extended a request that banks hold off on returning capital to shareholders and show moderation in setting bonuses amid the coronavirus outbreak, dealing a blow to some lenders who had lobbied to resume business as usual. Nicholas Comfort reports on "Bloomberg Surveillance." Source: https://www.youtube.com/watch?v=1iy3Mk6xnkg