Deutsche Bank AG (DBK), Germany’s biggest bank, plans to cut more jobs at its investment bank to lower costs as business stagnates, two people with knowledge of the plan said. The bank is weighing the reductions, which come in addition to the 2,000 announced in 2012, over the coming months across its corporate finance, capital … Continue reading
Deutsche Bank has announced that it will generate over 700 jobs in Dublin over the coming years Continue reading
Barclays (BARC.L) and Deutsche Bank (DBKGn.DE) will take a knife to bonuses for investment bankers in the coming weeks as they seek to tackle high costs, people familiar with the matter said. Britain’s Barclays is finalizing bonuses for last year and overall 2012 compensation for investment bankers will fall by between 10 percent and 20 … Continue reading
Deutsche Bank AG (DBK), Europe‘s biggest bank by assets, will cut jobs and review its pay practices to help boost profitability as capital requirements rise and Europe’s debt crisis drags on. “Compensation practices are one important way to achieve … http://www.bloomberg.com/news/2012-09-11/deutsche-bank-plans-more-cuts-in-headcount-pay-to-reach-goals.html
Deutsche Bank has announced layoffs and bonus cuts to senior staffs, designed to save €4.5bn (£3.6bn) a year as part of its strategy to revamp businesses and to make the bank more competent. The German bank will also extend payment of deferred bonuses to 150 of its top bosses to five years, and set up … Continue reading
Deutsche Bank said Tuesday it plans to cut about 1,900 jobs, most of them outside Germany, as its earnings fell 46 per cent in the second quarter as the European debt crisis hurt its investment banking and trading activities. The bank, which employs nearly 101,000 people, said about 1,500 of the job cuts will be … Continue reading
It depends on whom you’re asking the question it seems ! Europe’s Latest Treaty No Cause For Celebration – Forbes Leaders of 25 of the 27 European Union countries have signed a new Treaty on Stability, Coordination and Governance. The United Kingdom and the Czech Republic did not sign. The treaty is designed to put … Continue reading
VTB Capital continues its global expansion with a series of hires in its Middle East and Africa investment banking business. The Russian bank has taken on five people in Dubai from rival global firms including Credit Suisse, Deutsche Bank and UBS, IFR can reveal. The hires include James Williams as head of Middle East equity … Continue reading