Investment Banking

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. 

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire