At DerDeutschen Bank, 10,000 jobs should be at risk. This Berichtendas Wall Street Journal and news agency AFP, citing insider. Therefore, all areas and regions of DemStellenabbau should be affected. The drastic measure should reduce costs. The Unternehmenwollte does not comment on Wall Street Journal’s report.
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Especially dasInvestmentbanking should be affected by austerity measures. Wiedas Wall Street Journal writes, re have been months of discussions about extent of DesStellenabbaus. Should plan be implemented as reported, any zehnteder total of 97,100 employees could lose ir job.
Sewing wants to restructure Deutsche Bank
The NeueVorstandsvorsitzendeChristian sewing had announced a remodeling of bank. “We’re going to change course of our bank now. It are no time to lose, “said sewing at presentation DerZwischenbilanz at end of April. The weak results of erstenQuartals required immediate action. According to sewing, core of bank must be “redefined”, which requires a “noticeable job reduction”.
Sewing had announced that bank wanted to downsize IhrenInvestmentbankingbereich. Since Neunzigerjahrenvon, Dieserwar has been extended to chief Executive Board to secure Deutsche Bank Eineweltweit determining. Allerdingshat, y lost a lot of market share to US competition, weshalbnun US interest rate business was driven back in particular. Sewing refore implements a demand from renowned analysts.
Merger with Postbank costs jobs
The merger of Deutsche Bank with Postbank could also zahlreicheStellen. According to reports, in next four Jahrenjeweils 1,500 employees will leave company with FreiwilligeAbfindungsprogramme and natural fluctuation.
Sewing, who gearbeitethated much of his career for Deutsche Bank, was appointed by John Cryan in early April ZumNachfolger after a crisis meeting of supervisory board. This has been head of 2015 since summer. During Cryans term, bank made consequential losses for three years, mainly due to legal reworks. Critics, however, prejudged British to have recently acted hesitantly during restructuring of group.
