Christian Sewing and Paul Achleitner during Deutsche Bank’s AGM in Frankfurt on Thursday. Agence France-Presse
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 laid off staff from Sydney to London on Monday as it began 18,000 job cuts in an $8.3 billion “reinvention” which Germany’s largest lender said would mean yet another annual loss, knocking its shares.
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.
Medical tourism sales in the UAE increased 5.5 per cent year-over-year to reach Dhs12.1 billion in 2018 with growth supported by a number of government-led initiatives and the rising number of medical tourists in the country,
Travel is expected to reach an all-time high in the upcoming weeks for Emirates Airlines, as the carrier expects yet another busy period with travellers arriving into Dubai after the summer holidays and Eid breaks.
The Dubai Electricity and Water Authority’s (Dewa’s) Water, Energy, Technology, and Environment Exhibition (WETEX) 2019 is an opportunity for green solution suppliers and providers, investors, and decision-makers