Deutsche says it does more with less

Strategy presentation by Anshu Jain shows German bank's front office headcount at corporate and investment banking division has fallen 12% from pre-crisis levels – but productivity is up 20%

The number of front office staff in Deutsche Bank's investment banking division has fallen by 12% from pre-crisis levels, according to a strategy presentation by Anshu Jain, while net revenue per person has increased 20%.

The German bank's corporate and investment banking head, in a presentation given yesterday, set out the progress made since 2009, and the investment bank's positioning for the future.

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