Europe’s Banks Kick Off Sweeping Job Cuts in ‘Year of Reckoning’
The start of the year is normally a time when Europe’s bankers wait nervously for a word on their bonuses. But weeks into 2025, some are starting to wonder if they will even have a job.
Deutsche Bank profits collapse as German economy reels
Deutsche Bank has suffered a 92pc slump in its profits amid a major downturn in the German economy ...
Deutsche Bank CEO Says He May Shutter Units in Next Revamp
Deutsche Bank AG Chief Executive Officer Christian Sewing said the next steps in his strategic plan for the lender may involve cutting underperforming units to improve profitability.
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Deutsche Bank to cut management roles as costs rise
It comes as higher-than-expected costs marred its results in the final months of last year, the German lender revealed on Thursday ...