Bengaluru to London: Deutsche Bank layoffs leave many careers 'hopeless'

Deutsche Bank closes huge parts of its trading businesses, with staff in its equities division in Sydney and Hong Kong among the first to be told their roles would go.

Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement.

Deutsche Bank confirmed on Sunday that it was closing huge parts of its trading businesses, with staff in its equities division in Sydney and Hong Kong among the first to be told their roles would go.

"If you have a job for me, please let me know," said a banker leaving the Hong Kong office on Monday. Staff leaving in Hong Kong