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Deutsche Bank has seen another senior departure, with the loss of Neil Abromavage, one of its senior most bankers, who parted ways with the German lender after sixteen years, according to a recent Bloomberg report.
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Deutsche Bank has been at the epicenter of personnel cuts going back to 2015 – the lender has since embarked on an ambitious cost cutting strategy that portends the cutting of upwards of 35,000 jobs over the next few years. While many of these have been relegated to back-office ... (read more)