Deutsche Bank to move 100 jobs from U.K. to lower costs, Bloomberg reports

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......»»

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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.....»»

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.....»»

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.....»»

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.....»»

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.....»»

Job cuts could be in the works as JPMorgan Chase looks to cut costs. Bloomberg reports that the bank is planning to cut "several hundred" workers from its consumer unit, which houses the deposit, credit card, home loan and auto lending businesses.....»»

Investment bank JPMorgan Chase & Co. (NYSE: JPM) is cutting about 1% of all its staff in the consumer unit to reduce costs, Bloomberg reported Tuesday. 0 read more.....»»

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Wells Fargo & Co reported lower profits on Tuesday as the bank braced for additional legal expenses tied to a scandal that erupted more than three years ago......»»

Deutsche Bank plans to cut 18,000 jobs, including half in Germany, Bloomberg News reported, citing people famil.....»»

Deutsche Bank is creating a new technology division in a strategy shift designed to reduce complexity and lower costs while transforming systems that have held back the bank for years......»»

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Following the market opening Monday, the Dow traded down 0.34% to 26830.36 while the NASDAQ fell 0.73% to 8102.20. The S&P also fell, dropping 0.36% to 2,979.55. Leading and Lagging Sectors read more.....»»

Deutsche Bank shares were up 4.8 percent in early trade on Monday, as the troubled German lender began one of the biggest overhauls to an investment bank since the aftermath of the financial crisis. Michelle Hennessy reports......»»

Deutsche Bank's investment banking chief Garth Ritchie is stepping down, the bank said on Friday as the ailing bank could cut up to 20,000 jobs. Pascale Davies reports......»»

Deutsche Bank could be seeking to lower its minimum capital ratio requirements. The move may create a bad precedent, but it could allow for it to more easily contend with regulators if and when it........»»