Barclays Client Cut Sets Up a PR Nightmare: Cohan

The video discusses Barclays' decision to cut 7000 clients due to regulatory and business pressures, highlighting the challenges faced by European banks compared to their US counterparts. It also covers Deutsche Bank's move to cut bonuses for senior staff, emphasizing the growing gap between US and European banks in terms of regulatory compliance and financial health.

What are the potential consequences of Barclays firing 7000 clients?

How does the regulatory environment impact the decisions made by banks like Barclays?

What implications does the decision to cut bonuses for senior staff at Deutsche Bank have on public perception?

In what ways do the challenges faced by European banks differ from those faced by US banks?

Discuss the significance of the growing gap between US and European banks as mentioned in the text.