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Deutsche Bank’s lost decade of failed job cuts revealed

Deutsche has around 17,100 revenue-generating staff in its corporate and investment bank, up from 15,259 in 2010

Deutsche Bank’s lost decade of failed job cuts revealed
Photo: Reuters

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. 

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