Tag Archives: financial crisis


Historic overhaul: Deutsche Bank axes whole teams in Asia-Pacific as 18,000...

07 July, 2019 10:02 am 10:02 am

SYDNEY/HONG KONG (Reuters) – In a visible job cut announcement, the entire teams in Deutsche Bank’s (DBKGn.DE) Asian operations were informed 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. The German bank … Read More