Deutsche Bank gave no breakdown for the cuts, but said they would be spread around the globe, including in Germany. File
Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part of a plan to bulk up in areas the German lender hopes will bring steadier revenue streams.
Deutsche Bank shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000 jobs around the world, starting the day with cuts in Asia.
Deutsche Bank’s chief executive is prepared to make “tough cutbacks” in its investment banking business, whose future is in doubt after several failed restructurings, in order to be profitable and competitive. Shares in Deutsche Bank hit a record low on Thursday as Christian Sewing kicked off its annual meeting,
Deutsche Bank plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany’s struggling flagship lender The bank will also scrap its global equities business and scale back its investment bank.
World stock indexes edged up on Wednesday, with the S&P 500 boosted by gains in shares of Apple that offset Texas Instruments’ disappointing forecast, and the British pound steadied as European Union
ABU DHABI: Etisalat Group on Wednesday announced its consolidated financial statement for the nine months ending 30th September, 2019. Consolidated revenues reached to Dhs38.8 billion,
In recent years, the trend in Foreign Direct Investment (FDI) flow to developing countries in Asia and Africa have continued to increase (World Investment Report 2019, UNCTAD). Future growth in FDIs