Deutsche Bank has nearly 2,000 more front-line investment banking employees now than in the aftermath of the financial crisis, despite successive chief executives at the German lender promising radical overhauls and deep cost-cutting.
As the bank prepares for another painful restructure during which 18,000 will be lost, analysis by Financial News shows that Deutsche had around 17,100 revenue-generating staff in its corporate and investment bank at the end of the first quarter of 2019, more than the 15,259 in 2010.