Deutsche Bank kicked off a plan to cut 18,000 jobs yesterday in a massive overhaul of the business. Most of these workers will be looking for jobs at the worst possible time due to an ever shrinking market and summer lull in hiring. An insider at one bulge-bracket firm, who spoke to Business Insider, said any poaching of top talent from Deutsche Bank had been done long before yesterday's cuts. Read more stories on Markets Insider.
Deutsche Bank kicked off a plan to cut 18,000 jobs yesterday in a massive overhaul of the business. Most of these workers will be looking for jobs at the worst possible time due to an ever shrinking market and summer lull in hiring. An insider at one bulge-bracket firm, who spoke to Business Insider, said any poaching of top talent from Deutsche Bank had been done long before yesterday's cuts. Read more stories on Markets Insider.
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Factbox: Deutsche Bank takes an axe to investment bankDeutsche Bank said on Sunday that it would make major cutbacks to its investment... :D böyle bişey oluyor işte zihinde o bana ben ona pazıl gibi bişey falan🖕😛🖕 True statement everything Trump touches DIES. More investigations to come with Trump, Retired Justice Kennedy’s son, Jared Kushner & Russia Money Laundering.
Source: Reuters - 🏆 2. / 97 Read more »
Deutsche Bank to slash 18,000 jobs in sweeping restructuringGermany's biggest bank, Deutsche Bank, has announced a restructuring plan that will see it shed its equities sales and trading business as it tries to improve profitability and raise its share price. No dividrnds for a couple of years and 17,000 jobs cut capitalism It's just such a great system. I call bullshyt!!
Source: ABC - 🏆 471. / 51 Read more »
Deutsche Bank to Exit Global Equities, Trading BusinessDeutsche Bank moved to gut its global ambitions as a trading powerhouse, cutting 18,000 jobs and retreating to its German banking roots in a radical overhaul to try to save itself after years of decline. A good place to start would be to call all loans to Trumps and Kushners due and stop letting them continue to default without penalty. As soon as I saw DB the Benny Hill theme began playing in my head
Source: WSJ - 🏆 98. / 63 Read more »