• Deutsche Bank Is Said to Be Planning Cuts to U.S. Jobs

    8 monthes ago - By Fortune

    Deutsche Bank AG is planning to cut headcount in the U.S. by more than 10 percent, a person briefed on the matter said Thursday.
    It's the first concrete indication of how far Germany's largest lender is planning to retreat from its past ambition to be a global investment bank, a goal it has pursued for some 20 years.
    The bank has already begun the cull, firing 400 U.S.-based staff this week, the person said. These appear to be the first of long-planned job cuts that were first reported by Bloomberg in February. But the pace of job cuts will now accelerate and eventually add up to more than...
    Read more ...


  • Deutsche plans sweeping cuts to investment bank

    8 monthes ago - By eFinancial News

    New CEO wastes no time in setting about overhauling the troubled division
    Read more ...


  • Deutsche Bank fired 300 U.S.-based investment bankers on Wednesday: source

    8 monthes ago - By Reuters

    FRANKFURT - Deutsche Bank fired 300 U.S.-based investment bankers on Wednesday as part of a broader overhaul of the global unit, a person with knowledge of the matter said on Thursday.
    Read more ...