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The winnowing and consolidation of Deutsche Bank’s operations has finally seen a cessation today, after the group announced it is hiring a tranche of new personnel, numbered at 100 strong in a bid to boost its equities trading operations.
The move follows after a series of announcements radiating out of the lender that largely portended a shift in its strategic focus, personnel, and overall asset management and bond trading capabilities, long since the corner stone of its global business. During the end of 2015, Deutsche Bank unveiled a widespread initiative that justified upwards of 34,000 job cuts.
The departure ... (read more)