Banks shed retail workers in their thousands

Hundreds of thousands of jobs have been cut by international financial institutions over the past decade

Irish-based banks have shed thousands of retail workers in recent years, matching an international trend of cutbacks in the financial sector.

Hundreds of thousands of jobs have been cut by international financial institutions over the past decade. Most recently, Deutsche Bank announced it would trim 18,000 staff from its global workforce by 2022.

The firm’s Dublin operation employs 650 staff, who are focused on global transaction banking and global business services. A spokesman ...