Deutsche Bank studies state aid for staff in coronavirus crisis
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FRANKFURT (Reuters) - Deutsche Bank said on Thursday it is preparing for the possible use of a government-run short-time work scheme for some of its staff in Germany to cope with the coronavirus crisis, a move that could face union resistance.Short-time work is a form of state aid that allows employers to switch employees to shorter working hours during an economic downturn to keep them on the payroll. It has been widely used by industry, including Germany's car sector, but not by banks.Germany..