franco + 96 FM May 24, 2018 (edited) Deutsche Bank (DB) on Thursday announced plans to overhaul parts of its investment banking business and bring down costs. It said the measures are expected to reduce its number of full-time staff members from just over 97,000 to "well below 90,000." It's the latest effort by Deutsche Bank to turn around its business after years of losses. Last month, it ousted CEO John Cryan, replacing him with Christian Sewing, who has spent his entire career at the bank. Sewing announced soon after taking over that job cuts were coming. Edited May 24, 2018 by franco Quote Share this post Link to post Share on other sites
jpZelabal + 63 jj May 24, 2018 Taking the money and running.... Quote Share this post Link to post Share on other sites
Pavel + 384 PP May 24, 2018 I'm always asking myself how does a bank lose money? Quote Share this post Link to post Share on other sites