On top of that, though, the company also just announced significant job cuts as part of its operational efficiency program. Specifically, Deutsche Bank is planning to lay off 3,500 workers ...
Deutsche Bank hopes to save €1.6bn (£1.4bn) from the cuts and has a long term aim to save €2.5bn overall. More job cuts are likely. Finance chief James von Moltke said: “To tell you we were ...
Deutsche Bank will cut 18,000 jobs over three years as part of a radical reorganisation of the German bank. It will also report a second quarter loss of €2.8bn to partly pay for the shake-up ...
Beleaguered German lender Deutsche Bank is undergoing an historic overhaul: Amid mounting losses and a plummeting share price, the firm announced this summer plans to gut its stock-trading ...
but Deutsche Bank said John Cryan had "laid the groundwork ... controlling the lender's spiralling costs and quickly cut thousands of jobs. But after becoming sole chief executive in 2016 ...