It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Tuesday, September 29, 2015

Deutsche Bank predicted to cut 10,000 jobs

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11896817/Deutsche-Bank-predicted-to-cut-10000-jobs.html

JP Morgan's Kian Abouhossein expects Deutsche's John Cryan to announce plans to cut expenses at the bank by at least €2.5bn (£1.8bn) by 2018, chop 10,000 staff and cut back on 10,000 of the external consultants paid for by the group. Mr Cryan was given the top job in June following the departure of former co-chief executives Anshu Jain and Jurgen Fitschen, who quit after a three-year reign at the bank that was marred by the biggest ever Libor fine and a failure to impress shareholders.''

No comments:

Post a Comment