P.M. Edition for April 24. The bank says it would cut head count by as much as 25% and slash executive pay as it restructures its balance sheet. Plus, the world is spending more on defense. Reporter Alistair MacDonald has the details. And the commercial real-estate market is in a downturn. Reporter Konrad Putzier explains what is different this time around. Annmarie Fertoli hosts.
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