Tag: Christian Sewing

• Monday, July 8th 2019 - 08:39 UTC

  Deutsche Bank plans to cut one in five jobs, some 18.000 employees

  

  Deutsche Bank plans to cut 18,000 jobs in a sweeping, €7.4 billion overhaul designed to turn around Germany's struggling flagship lender The plan represents a major retreat from trading by Deutsche Bank, which for years had tried to compete as a major force on Wall Street.