Deutsche Bank fires 111 senior retail and private wealth managers: report
Deutsche Bank (NYSE:DB) has fired 111 senior managers in its retail and private wealth business as the unit launches cost reductions to meet its 2025, the Financial Times reported. According to the report,
Deutsche’s private bank fires over 100 senior bankers in cost-cutting drive
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deutsche Bank has fired 111 senior managers in its retail and private wealth unit as the division implements deep cost cuts to meet stretching 2025 targets.
Deutsche's private bank fires more than 100 senior bankers
Frankfurt-headquartered lender has imposed demanding targets on underperforming unit.
Deutsche Bank lays off over 100 managers in cost-cutting exercise
Deutsche Bank has fire 111 senior managers from its retail and private wealth unit as the bank brings in cost cuts to meet 2025 targets. The bank is aiming to reduce its cost-to-income ratio from 80% to between 60 and 65% next year,
Deutsche Bank fires 111 senior managers to cut costs, FT reports
Deutsche Bank (DB) has fired 111 senior managers in its retail and private wealth unit as the division implements cost cuts in order to meet
Deutsche Bank fires more than 100 bankers in drive to cut costs
Deutsche Bank announced that more than a hundred posts will be axed among its senior private wealth and retail bankers in a continuing programme aimed at driving down costs at the German bank. View on
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