European bank stocks continue to decline, with Deutsche Bank’s shares dropping 14% on Friday alongside Commerzbank, Societe Generale, Barclays, and NatWest. This is despite Deutsche Bank posting profits for 10 straight quarters. Meanwhile, employee rating website Glassdoor is set to cut 15% of its workforce, following Accenture’s announcement of laying off 19,000 employees. In other news, the co-founder of Block, a financial services firm, has seen his fortunes drop by $526 million following allegations from Hindenburg Research of overstated user counts and understated acquisition costs. However, investor Wedbush Securities has dismissed these allegations, calling Block a “legitimate business.” Lastly, TechSparks Mumbai 2023 had little impact on customer engagement startup CleverTap despite the funding winter, according to the company’s Co-founder and CPO Anand Jain, who anticipated the funding squeeze and was prepared.