July 08, 2019 BY Mariela Naydenova
Deutsche Bank exits global equities sales business and cuts 18,000 jobs
Deutsche Bank is on its way to the most significant restructuring in decades. The German bank announced on Sunday that it will exit the global equities sales and trading unit, cut down the investment banking arm and slash 18,000 jobs in order to try to improve profitability. According to CNBC, Deutsche plans to cut 18,000…
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