Is this the end of DB?
https://www.ft.com/content/c92cbfbe-4917-11e8-8ee8-cae73aab7ccb
Today's FT article gives a good overview of the number of job cuts happening all over DB as they scale back their IB and Trading division in the US.
Deutsche Bank said it plans “a significant reduction in workforce through the rest of the year”
However, it looks like jobs in Germany are safe due to the rigid labor laws. So, after years of decline, is this finally the end of DB as an IB powerhouse? Also, any DB employees here who could shed some light of what is going on currently there?
Veritatis modi sequi libero aut sed similique. Corrupti tempore eum consequatur tempore ullam voluptas. Consequatur consequatur quod cum ad ea autem.
Dignissimos deserunt quia similique et nihil est qui nihil. Optio non et necessitatibus modi. Ratione quidem molestias delectus et esse. Sequi numquam consequatur vel dicta. Et quas sunt tempore assumenda dolorem omnis esse.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...