How many make cut at deutsche bank

N and Goldman Sachs GS. The CEO had flagged an extensive restructuring in May when he promised shareholders "tough cutbacks" to the investment bank. Some investors were cautious about the turnaround plan. Related Coverage. Michael Huenseler, head of credit portfolio management at Assenagon Asset Management, said a lot had to go right for the plan to be successful. There were media reports from Reuters and others that Deutsche Bank could cut as many as 20, jobs -- more than one in five of its 91, employees.

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Deutsche Bank is also planning to set up a unit for assets such as long-dated interest rate derivatives it wants to wind down or sell in an effort to cut unprofitable business and free up capital for other business lines, people familiar have said. It had billion euros of RWAs at the end of the first quarter. Deutsche Bank plans to cut as many as 20, jobs in overhaul: sources. Please try again later. The Sydney Morning Herald. News images provided by Press Association and Photocall Ireland unless otherwise stated.

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