Deutsche Bank Closes Houston Office, Cuts ~70 Jobs
*Reduction of investment banking coverage in the U.S. to seven sectors from eight *Oil & Gas coverage banking is dead while corporate banking stays is moved to NY
Know quite a few folks at the office and have consistent heard negative things about the culture, pay, and work.
Thoughts, reactions, or comments?
Only the beginning
Execute order 66
Was one of the incoming analysts in the Houston office - I got offered by HR to move into SF or NY (still IB)