Deutsche Bank Fires 18,000

#DeutscheBank #Equity #Investment

Deutsche Bank has fired 18,000 and closed the equity division reducing the range of services they can provide their clients. Is this a sign of a troubled future for the bank and what are the implications for Australia?

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References

Deutsche Bank axes 18,000 staff around the world, including Sydney, New York and London offices

https://www.news.com.au/finance/business/banking/deutsche-bank-axes-18000-staff-around-the-world-including-sydney-new-york-and-london-offices/news-story/52e1fcd6057de7eb8c771bb789c7c3ef

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