Thursday, April 27, 2023

Deutsche Bank to cut 800 jobs after strong first quarter | Reuters

Deutsche Bank to cut 800 jobs after strong first quarter | Reuters

Deutsche Bank to cut 800 jobs after strong first quarter

Germany's Deutsche Bank headquarters are pictured in Frankfurt
The headquarters of Germany's Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo

FRANKFURT, April 27 (Reuters) - Deutsche Bank (DBKGn.DE) is to cut 800 jobs in a new cost-saving drive after reporting a bigger than expected rise in profit for the first quarter, a volatile period globally for finance companies.

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