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Government resources can’t keep up with transactions banks flag as fishy.
Big U.S. banks have European banks beat. But many of the struggles European banks are facing could start affecting American banks soon.
“They’ve been limping along for the last few years and I suppose this day had to come,” said a banking expert.
Banks introduce experimental features like cafes and co-working space to lure millennials back to branches.
Germany's biggest bank is not alone in facing systemic problems.