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Deutsche Bank to cut about 23,000 jobs: Sources

Last Updated: Tuesday, September 15, 2015, 00:19

Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of total staff, through layoffs mainly in technology activities and by spinning off its PostBank division, financial sources said on Monday.

Deutsche Bank quits commodities trading business

Last Updated: Friday, December 6, 2013, 09:54

The move comes as the financial sector`s role in commodity trading has been squeezed by lower margins, higher capital requirements and growing political and regulatory scrutiny.