Deutsche Bank shares rise pre-market as 18,000 global job cuts begin

Business News July 8, 2019 / 3:52 PM / Updated 37 minutes ago Deutsche Bank shares rise pre-market as 18,000 global job cuts begin Paulina Duran, Sumeet Chatterjee 5 Min Read SYDNEY/HONG KONG (Reuters) - Deutsche Bank (DBKGn.DE) shares rose in pre-market trade on Monday as the German lender eliminated whole teams at its Asian operations, starting to ax 18,000 jobs globally in one of the biggest overhauls at an investment bank since the aftermath of the financial crisis. FILE PHOTO: A Deutsche Bank logo adorns a wall at the company's headquarters in Frankfurt, Germany, June 9, 2015. REUTERS/Ralph Orlowski/File Photo

SYDNEY/HONG KONG (Reuters) – Deutsche Bank (DBKGn.DE) shares rose in pre-market trade on Monday as the German lender eliminated whole teams at its Asian operations, starting to ax 18,000 jobs globally in one of the biggest overhauls at an investment bank since the aftermath of the financial crisis. The lender announced the job losses on […]

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