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Deutsche Bank To Cut Equities Sales

Big axe falls as Deutsche Bank to lay off 18,000 in $8.3 billion overhaul

Germany's largest lender said on Sunday it will scrap its global equities unit and cut some fixed-income operations in a retreat from a long-held ambition to make its struggling investment bank

Big axe falls as Deutsche Bank to lay off 18,000 in $8.3 billion overhaul
Updated On : 09 Jul 2019 | 9:34 AM IST

Deutsche Bank to cut more than 7,000 equities sales, trading jobs

Germany's biggest bank said global headcount would fall to well below 90,000 from 97,000, with a 25 per cent cut in equities sales and trading jobs

Deutsche Bank to cut more than 7,000 equities sales, trading jobs
Updated On : 24 May 2018 | 10:47 PM IST