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Piles of Dirty Money Have Europe’s Banks Racing to Keep Up
With low interest rates and a weak regional economy squeezing profits, bulking up is tough, but banks have little choice.
06 Aug 2019, 10:09 AM IST
(Bloomberg Businessweek) -- For decades, increasing reliance on technology and automation has meant one thing for workers: fewer jobs. In a fast-growing corner of the finance industry, it’s doing the opposite as banks across Europe struggle to fill positions in units employing tech to combat money laundering.
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