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Deutsche Bank looks to boost wealth management as part of reinvention
July 10, 2019 17:55 pm
ZURICH, July 10: With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from rivals after staunching the outflow of assets.
Deutsche Bank axes whole teams in Asia-Pacific as 18,000 job cuts begin
July 8, 2019 11:30 am
SYDNEY/HONG KONG, July 8: Whole teams in Deutsche Bank’s (DBKGn.DE) Asian operations were told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis.
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