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Jersey jackpot of $2 million awaits Deutsche"s lost shareholders
While Deutsche Bank employees fret about their jobs and pay, Germany's largest lender is trying to track down several hundred former staff to claim share payouts it has been holding in Jersey......»»
BNP"s prime brokerage deal with Deutsche may transfer up to 1,000 staff
Deutsche Bank's deal to transfer its prime brokerage business to BNP Paribas could see the move of up to 1,000 staff from the German lender to the French bank, a spokeswoman for BNP said on Monday......»»
Deutsche Bank to move up to 800 staff members to BNP Paribas, FT reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Axe falls on 18,000 Deutsche Bank jobs in $8.3 billion reinvention
Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which Germany's largest lender said would mean yet another annual loss, knocking its shares......»»
Deutsche Bank begins 18,000 job cull in $8.3 billion reinvention
Deutsche Bank laid off staff in Asia on Monday as it began cutting 18,000 jobs as part of a 7.4 billion euro ($8.3 billion) "reinvention" set to tip Germany's largest lender into yet another annual loss......»»
JPMorgan asks 300 staff to move if no Brexit deal: source
JPMorgan is asking around 300 staff in its London office to sign new contracts that will require them to move to one of the bank's other hubs in the European Union if there is a no-deal Brexit, according to a person familiar with the matter......»»
Deutsche Bank to cut thousands of staff in investment bank revamp
FRANKFURT (Reuters) - Deutsche Bank will shrink global staff to well below 90,000 from the current 97,000, as part of a broad restructuring move to reduce costs and restore profitability, it said on Thursday......»»
Struggling German lender Deutsche Bank confirms it's laying off thousands more staff
Shares in Germany's biggest private lender have fallen 31% this year, sparking calls from investors to speed up the .....»»
Deutsche Bank cuts at least 7,000 jobs in trading retreat
Deutsche Bank will cut global staff numbers by more than 7,000 in the first major move by its new CEO to reduce costs and restore profitability after years of false starts. Ciara Lee reports......»»
Deutsche Bank to move assets from London to Frankfurt after Brexit, Reuters says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Deutsche Bank to move 100 jobs from U.K. to lower costs, Bloomberg reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Tech Bubble or Rotation?
The Spectacular Tech Bubble Burst in March 2000 Source: Deutsche Bank Investor sentiment tends towards reactions and overreactions to whatever just happened. The big move.....»»
Big banks, including Deutsche Bank and Bank of America, are testing employees for COVID-19 before they step into the office. Here"s how they are doing it
Deutsche Bank and Bank of America are testing staff who come to the office -.....»»
"Detroit sends its regards" - Deutsche Bank analysts warn that Germany"s good years as a car location could be over
Deutsche Bank think tank says it will be difficult for Germany to adapt to the changing automotive industry, hampering its future as a car location. In a new study, market analys.....»»
As Germany reels from coronavirus, some officials debate impact on banks
As Germany rolls out a 750 billion-euro economic stimulus package, officials and experts are discussing whether German lenders, including Deutsche Bank AG and Commerzbank AG, will be able to weather the economic fallout of coronavirus without state help......»»
Deutsche Bank readies government short-time work scheme amid coronavirus outbreak
Deutsche Bank is laying the groundwork for taking advantage of a government-run short-time work scheme for some of its employees in Germany as it deals with fallout of the coronavirus, a spokeswoman said on Thursday......»»
Facebook, Apple and Twitter ask staff to work from home due to coronavirus — now here’s the bad news for the rest of America
New research by Deutsche Bank gives insights into the pressures felt by millions of Americans who don’t have the luxury to work remotely to prevent catching or spreading COVID-19......»»
Facebook, Apple, Google and Twitter ask staff to work remotely due to coronavirus — here’s the bad news for the rest of America
New research by Deutsche Bank gives insights into the pressures felt by millions of Americans who don’t have the luxury to work remotely to prevent catching or spreading COVID-19......»»
UniCredit CEO says no M&A deal after Intesa"s surprise UBI bid
The head of UniCredit repeated in a letter to staff on Wednesday that Italy's biggest bank had no intention of engaging in merger and acquisition deals following Intesa's blitz move to buy rival UBI Banca ......»»
Deutsche Bank shares soar after new shareholder steps in
Deutsche Bank on Thursday revealed that Los Angeles-based Capital Group has taken a 3.1% stake, boosting shares in Germany's largest bank which has been hit by losses and misconduct scandals......»»