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The German Bank will cut 18,000 jobs over a period of three years as
part of a plan to reorganise the organisation.
"Today we have announced the most fundamental transformation of Deutsche Bank in decades. This is a restart for Deutsche Bank... In refocusing the bank around our clients, we are returning to our roots and to what once made us one of the leading banks in the world, "chief executive Christian Sewing said.
|remaining time till the new event being published|
- Swiss government slashes 2019 growth forecast to 0.8% vs. 1.2% previous
- Japan finance minister Aso: No currency provision included in US-Japan trade deal
- China's home price growth at weakest in nearly a year - NBS
- RBA Meeting's Minutes: RBA board would consider further policy easing if needed to support growth, inflation targets