Investment Banking

Revealed: Deutsche Bank has cut nearly 6,000 jobs

Deutsche has come under fire in the past for failing to execute wide-ranging restructurings

The corporate headquarters of Deutsche Bank in Frankfurt, Germany
The corporate headquarters of Deutsche Bank in Frankfurt, Germany Photo: Getty Images

Nearly 6,000 roles at Deutsche Bank have been axed or earmarked for cuts since the German lender announced a radical plan in July to reshape the business, Financial News has learned. 

Deutsche, which has come under fire in the past for failing to execute previous wide-ranging restructuring announcements, plans to eliminate 18,000 jobs over the next three years as part of sweeping changes unveiled by chief executive Christian Sewing

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