The Purge Begins: Deutsche Bank Fires 400 US Bankers

Commerzbank Fires One-Third Of German Bankers Even after Commerzbank's hoped-for merger with Deutsche Bank crumbled in part due to union leaders' obj.....»»

Yesterday, we reported about the increasingly dejected atmosphere at Deutsche Bank's Wall Street headquarters, where the looming fear that the bank is going to gut, shutter or sell most, if not all, o.....»»

Deutsche Bank CEO, Investment Bankers See Bonuses Rise Nearly 50% After Banner Yea.....»»

Two Deutsche Bank employees responsible for lending to President Donald Trump and his son-in-law, Jared Kushner, have resigned......»»

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.....»»

Bank of American said it had taken 10,000 applications before 10 a.m......»»

An Italian court on Friday convicted 13 former bankers from Deutsche Bank, Nomura and Monte dei Paschi di Siena over derivative transactions that prosecutors say helped the world's oldest bank conceal massive losses......»»

“We’re not in a position to answer that question,” said Raphael Prober, the attorney for Deutsche Bank, the president’s largest creditor......»»

Central bankers across the world are set to unleash the proverbial punch bowl, and it still may not juice up stock markets very much, according to a new strategy note from Deutsche Bank......»»

It was a bad enough look for Deutsche Bank that the l.....»»

Some readers might have dismissed warnings of "Lehman-style" scenes outside Deutsche Bank's global offices as hysteria related to the bank's restructuring.....»»

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......»»

Whole teams within Deutsche Bank AG have been told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis......»»

The bank which only a decade ago dominated equity and fixed income and sales trading and investment banking across the globe, and was Europe's banking behemoth, is no more. On Sunday afternoon, in a widely telegraphed move,.....»»

One month ago, Jeff Gundlach - in his latest DoubleLine investor call - cr.....»»

Deutsche Bank is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers, sources familiar with the matter said on Wednesday......»»

Global central bankers confront a nettlesome problem. Attempts to inject fresh life into anemic regional economies are proving increasingly less effective, argues Torsten Slok, chief economist at Deutsche Bank Securities in a recent report......»»

Activist (or perhaps masochist) investors Cerberus Capital and Hudson Executive Capital have been pleading with Deutsche Bank to scale back its US operations and focus on Europe. But.....»»

FRANKFURT (Reuters) - Deutsche Bank 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......»»

BloombergDeutsche Bank Lifer Sewing Tapped to Steer Lender Through ChaosBloombergThe era of investment bankers calling th.....»»