Deutsche Bank Announces New Cost Cutting Measures

Moderator: moderators
rank: 10000+ posts
rank: 10000+ posts
Posts: 11562
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

Deutsche Bank Announces New Cost Cutting Measures

Postby » Wed Jun 22, 2016 7:27 pm

Deutsche Bank has today confirmed that it has agreed a deal with its works council to close down a quarter of its German branches in an attempt to cut costs and revamp its retail banking efforts.

The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

The latest news comes just a few months after the bank announced cost-cutting measures that would involve a reduction of its global workforceby around 35,000 workersover the next few years,as reported by Finance Magnates in May.

Chief Executive Officer John ... (read more)

Please add to your ad blocker white list.
Thank you for your support.

Return to “news”