Layoff due to Coronavirus in Bulge Bracket Banks
What are the chances of layoffs in BB banks such as Deutsche Bank due to the hit to the markets by the pandemic?
I am specifically asking for DB since they had already announced 18,000 layoffs in July 2019 of which some are still be executed.
Also, the current economic condition will be affecting most banks in their ability to grow the Corporate Banking (loans) business
DB is not a Bulge Bracket.
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