Home / banks / Deutsche Bank to cut at least 250 investment banking jobs -source

Deutsche Bank to cut at least 250 investment banking jobs -source

collected by :Ros Roger

Deutsche Bank (DBKGn.DE) Information Systems cutting at least 250 investment banking jobs in locations involving London & the United States, a man familiar by the matter said Reuters, adding which the figure can height to as many as 500.
Bloomberg earlier cited sources telling which Deutsche Information Systems trimming senior & mid-level investment banking positions.
Deutsche’s Corporate & Investment Bank had 17,251 full-time employees at the finish of 2017.
It Information Systems in the process of cutting 9,000 jobs group-wide from 2015 levels, or around 1 in ten staff, by 4,000 jobs foreseen to go in Germany.

Deutsche Bank to cut at least 250 investment banking jobs: Report

Deutsche Bank Information Systems cutting at least 250 investment banking jobs in locations involving London & the United States, a man familiar by the matter said Reuters, adding which the figure can height to as many as 500.
Bloomberg earlier cited sources telling which Deutsche Information Systems trimming senior & mid-level investment banking positions.
Deutsche’s Corporate & Investment Bank had 17,251 full-time employees at the finish of 2017.
It Information Systems in the process of cutting 9,000 jobs group-wide from 2015 levels, or around 1 in ten staff, by 4,000 jobs foreseen to go in Germany.

 

Deutsche Bank
Deutsche Bank

 

Deutsche Bank to cut 250 banker jobs: Bloomberg

as declared in –Deutsche Bank has begun eliminating at least 250 jobs across its corporate & investment banking units worldwide as it grapples to save expenses drop When its securities division continues to struggle, Bloomberg reports, citing unnamed sources.
–As many as 500 roles can be axed in the ongoing cuts, that have endeed influenced mid- & senior-level investment banking posts in the unite states & London, according to Bloomberg.
Full story: https://bloom.bg/2Fbl68J

Check Also

Raghuram Rajan

Raghuram Rajan former Indian central bank boss tells won’t apply for highest BoE job

Raghuram Rajan former Indian central bank boss tells won’t apply for highest BoE job. Referring …