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European banks shed jobs; al-Qaddafi's U.S. assets; China’s brew takes over; Americans lag in estate planning; Women CEOs in emerging markets

European banks shed jobs

European banks have shed more than 40,000 jobs in the past month, as the continent’s sovereign-debt crisis eats into trading profits and new regulations lead banks to cut costs. “It’s a bloodbath,” said the head of a London headhunting firm.

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