Deutsche Bank begins 18,000 job cull in $8.3 billion reinvention

July 8, 2019 admin Business News Comments Off on Deutsche Bank begins 18,000 job cull in $8.3 billion reinvention

Deutsche Bank laid off staff in Asia on Monday as it began cutting 18,000 jobs as part of a 7.4 billion euro ($8.3 billion) “reinvention” set to tip Germany’s largest lender into yet another annual loss.

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Source:: Reuters – Business News