Deutsche Bank to Exit Global Equities Business, While Slashing 18,000 Jobs
Posted on 07/07/2019
With merger talks collapsing with rival Commerzbank AG in April 2019, Deutsche Bank AG announced that it is exiting out of the global equities sales and trading business. Deutsche Bank is undergoing another restructuring plan to improve the bank’s profitability. The bank is planning to close the majority of its equities business in the Asia-Pacific […]
