Deutsche Bank : Restructuring projects and implications for consolidation
>In-depth restructuring - According to the press, DBK’s supervisory board is set to meet on 7 July to examine a restructuring plan that could involve shedding 20,000 jobs. Market activities would be the hardest hit, notably in the US. The group’s headcount stood at 91,463 at the end of March 2018, with 38,305 in CIB. This would represent a fall in employee numbers of around -20% at the DBK group level. At the CIB level, the envisaged restructuring could therefore resu...Deutsche Bank is a holding company acting as an international financial service provider. Co. offers a wide variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. Co. has operations or dealings with existing or potential customers in most countries in the world. Co. is organized into the following six corporate divisions: Global Markets (GM); Corporate & Investment Banking (CIB); Private, Wealth & Commercial Clients (PW&CC); Deutsche Asset Management (Deutsche AM); Postbank (PB); and Non-core Operations Unit (NCOU).
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