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Deutsche Bank fired 300 U.S.-based investment bankers on Wednesday
Reuters ^ | 04/25/2018

Posted on 04/26/2018 10:39:37 AM PDT by SeekAndFind

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) fired 300 U.S.-based investment bankers on Wednesday as part of a broader overhaul of the global unit, a person with knowledge of the matter said on Thursday.

The bank will lay off another 100 U.S. bankers by the end of the week, said the person, who was speaking on condition of anonymity.

The Financial Times was the first to report the development.

Separately, German newspaper Frankfurter Allgemeine Zeitung said Deutsche Bank planned to cut more than 1,000 jobs in the United States. The bank declined to comment on the figure.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy
KEYWORDS: deutschebank; layoffs

1 posted on 04/26/2018 10:39:37 AM PDT by SeekAndFind
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To: SeekAndFind

Those Deutschebags!


2 posted on 04/26/2018 10:41:29 AM PDT by DannyTN
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To: SeekAndFind

Investment bankers. Right up there with the lawyers in a bus going over a cliff tragedy..........of an empty seat.


3 posted on 04/26/2018 10:43:30 AM PDT by blackdog
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To: DannyTN

LOL!


4 posted on 04/26/2018 10:43:41 AM PDT by Lopeover ( The 2016 Election is about allegiance to the United States!)
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To: SeekAndFind; null and void

Dead bankers coming soon?...................


5 posted on 04/26/2018 10:46:10 AM PDT by Red Badger (Remember all the great work Obama did for the black community?.............. Me neither.)
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To: DannyTN
Good one - what does a truck full of Massengale sound like when it is in an accident? ..... DEUTSHCE!
6 posted on 04/26/2018 10:48:40 AM PDT by trebb (I stopped picking on the mentally ill hypocrites who pose as conservatives...mostly ;-})
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To: Red Badger

Remember that spat of banker suicides and deaths a few years ago?


7 posted on 04/26/2018 10:48:46 AM PDT by robroys woman (So you're not confused, I'm using my wife's account.)
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To: SeekAndFind
From 3 days ago....

A major Chinese investor just cut its Deutsche Bank stake

The big investor is HNA Group.

8 posted on 04/26/2018 10:49:26 AM PDT by mewzilla (Has the FBI been spying on members of Congress?)
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To: robroys woman

Yep, right after the crash..................


9 posted on 04/26/2018 10:49:57 AM PDT by Red Badger (Remember all the great work Obama did for the black community?.............. Me neither.)
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To: mewzilla
And I'll just throw this in for giggles, from last December....

China's HNA charity turns to former German official for leadership

10 posted on 04/26/2018 10:51:43 AM PDT by mewzilla (Has the FBI been spying on members of Congress?)
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To: DannyTN

You just kicked the thread in the *** before it even got started....lol.


11 posted on 04/26/2018 10:58:33 AM PDT by thescourged1
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To: blackdog
"Investment bankers. Right up there with the lawyers in a bus going over a cliff tragedy..........of an empty seat."

These so called Investment Bankers are the trash left on this side of the pond as President Trump continues to drain the swamp here and between Europe!

President Trump has been draining the swamp since he became president. Now we need to start bulldozing the trash out of it and off the sides of the swamp!


12 posted on 04/26/2018 11:04:58 AM PDT by Grampa Dave (Democrats are having trouble with their MAMA campaign, (Make America Mexico Again), versus MAGA!)
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