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Tag: Deutsche Bank job cuts


Activity, Investment Banking, News

Deutsche Bank to cut 3,500 roles over two years amid €2.5bn savings drive

February 5, 2024

Via: FinTech Futures

The German investment bank says the cuts will mainly apply to “non-client-facing areas” as it looks to streamline its business in Germany and lower its annual total operating cost to €20 billion by 2025. Deutsche Bank currently employs around 90,000 […]


News

Deutsche Bank set to spare traders as it prepares more job cuts

February 2, 2023

Via: American Banker

Deutsche Bank is preparing further job cuts to keep costs in check, with the focus likely to be areas outside the trading unit. Meeting expense targets in an inflationary environment will require a redoubling of savings efforts, including job cuts, […]