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Deutsche to create pools of junior bankers

Deutsche Bank is to restructure the sector teams in its corporate finance unit to give it more flexibility to allocate junior bankers to areas that are busy.

The firm is to create pools of support staff and junior bankers who will work for a range of sector teams, effectively acting as an internal temping agency. The aim is to allow sector teams to draft in staff when they are busy and remain lean when they are not.

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