The German Bank will cut 18,000 jobs over a period of three years as
part of a plan to reorganise the organisation.
"Today we have announced the most fundamental transformation of Deutsche Bank in decades. This is a restart for Deutsche Bank... In refocusing the bank around our clients, we are returning to our roots and to what once made us one of the leading banks in the world, "chief executive Christian Sewing said.
|remaining time till the new event being published|
- China’s central bank extends medium-term loans but keeps rates unchanged
- New car sales in the European Union rose in September
- UK consumer price growth stabilised in September
- Earnings Season in U.S.: Major Reports of the Week