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

in #bitcoin • 7 years ago

![]

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) is cutting at least 250 investment banking jobs in locations including London and the United States, a person familiar with the matter told Reuters, adding that the figure could rise to as many as 500.

Bloomberg earlier cited sources saying that Deutsche is trimming senior and mid-level investment banking positions.

Deutsche's Corporate and Investment Bank had 17,251 full-time employees at the end of 2017.

It is in the process of cutting 9,000 jobs group-wide from 2015 levels, or around one in 10 staff, with 4,000 jobs expected to go in Germany.

(Reporting by Andreas Framke; writing by Maria Sheahan; editing by Kathrin Jones and Jason Neely)

#jobs #news #blog #life
7 years ago in #bitcoin by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.21
    TRX 0.26
    JST 0.040
    BTC 101158.43
    ETH 3649.74
    USDT 1.00
    SBD 3.20