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’s Domestic Woes Risk Making It an Also-Ran
Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall ...
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Deutsche Bank’s Sewing to Cut Management Roles as Costs Rise
(Bloomberg) -- Deutsche Bank AG said it plans to reduce management roles and cut headcount over coming years, after higher-than-expected costs marred its results in the final months of last year.
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.
War On DEI: Deutsche Bank Stands ‘Firmly Behind’ Diversity Program As These Major Organizations Drop Them
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their ...
Deutsche Bank may exit some businesses, CEO says after profit miss
The CEO of Deutsche Bank on Thursday said Germany's largest lender could exit some businesses after fourth quarter and ...
The Fed will likely stand pat after flurry of rate cuts. After that? It's anybody's guess.
The Fed will likely pause its rate cuts this week. After that, uncertainty over Trump's tariff, immigration plans make ...
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 ...
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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 ...