Sector heads at Deutsche Bank are among at least eight senior departures from the equities division in London in the week since the bank unveiled a wide-ranging review.

Through a combination of job cuts and voluntary exits, several of Deutsche’s senior equities staff across research, sales and trading are leaving the German lender following CEO Christian Sewing's announcement of a radical strategy change on April 26, according to people familiar with the moves. The review is expected to signal a retreat from its struggling stock trading division.