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FRANKFURT, Germany — Deutsche Bank is slashing thousands of jobs as Germany’s largest lender refocuses its global investment banking business on Europe and seeks to return to steady profitability. The bank said Thursday it would.

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FRANKFURT (Reuters) – Deutsche Bank (DE:DBKGn) is cutting more than 7,000 jobs to reduce costs and restore profitability while maintaining its international.

The bulk of those jobs are in New York and London. After an abrupt management reshuffle last month, Deutsche Bank said it aimed to scale back its global.

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Deutsche Bank will cut 7,000 jobs as part of an effort to reduce costs and return to profit, Germany’s largest bank said Thursday. In a statement, the bank said it expects its full-time positions to fall from over 97,000 to 90,000. Deutsche.

( This year’s results will include all of Deutsche Bank’s non-branch U.S. assets, including its sizable Wall Street broker-dealer trading business. That business is due to shrink as the bank slashes 7,000 jobs from its.

FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) plans to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs, a person with knowledge of the matter said on Wednesday. The German bank’s.

HONG KONG (CNNMoney) – Germany’s biggest bank is slashing more than 7,000 jobs. Deutsche Bank on Thursday announced plans to overhaul parts of its investment banking business and bring down costs. It said the measures are.

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The U.S. derivatives regulator is set to announce it has fined European lenders UBS, HSBC and Deutsche Bank millions of dollars each for so-called "spoofing" and manipulation in the U.S. futures market, three people with.

( This year’s results will include all of Deutsche Bank’s non-branch U.S. assets, including its sizable Wall Street broker-dealer trading.

Deutsche Bank, which has a major operation in Birmingham, says it will cut around 7,000 staff worldwide in a major shake-up as it struggles to return to profit. The bank employs most of its 8,500 UK staff in London which is likely to face the.

Deutsche Bank has so far provided few details of plans to scale back investment banking in the U.S. and Asia. It is expected to cut around 1,000 jobs or 10.

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HONG KONG (CNNMoney) – Germany’s biggest bank is slashing more than 7,000 jobs. Deutsche Bank on Thursday announced plans to overhaul parts of its investment banking business and bring down costs. It said the measures are.

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Deutsche Bank AG de. the long-term issuer credit rating to ‘BBB+’ from ‘A-‘on the bank and its core operating subsidiaries. The troubled bank last week announced plans to cut thousands of jobs in a bid to overhaul its operations.

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FRANKFURT, Germany – Germany’s struggling Deutsche Bank says it’s slashing thousands of jobs as it reshapes its stocks trading business and tries to limit costs. The bank said Thursday it would cut its workforce from 97,000 to "well.

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A quarter of the jobs in its equities and sales trading business would be hit by the cuts, the bank said. Germany’s largest lender Deutsche Bank said Thursday it.

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Deutsche Bank (DB) is reportedly planning to shed 10,000 jobs amid a cost-cutting drive and a broad retreat from key markets. According to the Wall Street Journal,

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