📉 European Banks Spend €1.1 Billion Axing Senior Staff
Headline: European banks have spent over €1.1 billion cutting ties with senior executives—commonly referred to as “material risk takers”—between 2018 and 2024, signaling widespread cost‑cutting and structural reshaping efforts. 🔍 Key Stats & Highlights 🛠 Why Now? Deep‑cut Restructuring Momentum 💬 Industry Reactions & Recruiter Insights An anonymous senior financial recruiter noted:“It’s much harder to get…
