Falling interest rates, weak trading volumes and automation have led to an exceptionally brutal summer for global investment banks, which have shed tens of thousands of jobs, particularly on trading desks. Stephen Morris, European banking correspondent, discusses the bleak outlook for bankers with Robert Armstrong, US financial editor. Contributors: Stephen Morris, European banking correspondent, and Robert Armstrong, US financial editor. Producer: Fiona Symon For information regarding your data privacy, visit acast.com/privacy