Danske Bank cuts 50 jobs in FX, fixed income business

COPENHAGEN (Reuters) - Danske Bank said on Thursday it has cut about 50 jobs in its foreign exchange and fixed income business as part of a broader exercise to cut costs.Danske Bank's new chief executive Chris Vogelzang said earlier this month that the bank needed to cut up to 15% of staff-related costs in FX and fixed income in the short term. Denmark's biggest bank has lost customers and warned of lower than expected earnings since reports emerged in 2017 of its involvement in one of the..