Deutsche has announced plans to significantly reshape its Equities Sales & Trading business. Overall, the bank aims to reduce headcount in this area by approximately 25%. This reduction will contribute to a decrease in leverage exposure in the Corporate & Investment Bank of over €100bn. This is approximately 10% of the €1,050bn of leverage exposure reported at the end Q1 18. In connection with the implementation of these plans, the number of full-time equivalent positions is
24 May 2018
The review of C&IB does not go far enough
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The review of C&IB does not go far enough
Deutsche Bank Aktiengesellschaft (DBK:WBO) | 0 0 -0.3% | Mkt Cap: 26,521m
- Published:
24 May 2018 -
Author:
Dieter Hein -
Pages:
2
Deutsche has announced plans to significantly reshape its Equities Sales & Trading business. Overall, the bank aims to reduce headcount in this area by approximately 25%. This reduction will contribute to a decrease in leverage exposure in the Corporate & Investment Bank of over €100bn. This is approximately 10% of the €1,050bn of leverage exposure reported at the end Q1 18. In connection with the implementation of these plans, the number of full-time equivalent positions is