Deutsche Bank to make cuts in investment banking unit | Business| Economy and finance news from a German perspective | DW | 26.04.2018
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Business

Deutsche Bank to make cuts in investment banking unit

Deutsche Bank continues to disappoint - but a new turnaround plan by new Deutsche Bank chief Christian Sewing is providing fresh hope to investors. It'll involve deep cuts to its biggest unit, the corporate and investment banking division leading to job losses the bank calls "painful, but unavoidable. Will the plan work this time?

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