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 sees 3.7 billion euros in restructuring costs

Last Updated: Monday, April 27, 2015, 11:16

The group said on Monday it would achieve cost savings targets of 3.5 billion euros, once the plan was implemented.

Deutsche to cut investment bank, hive off Postbank in revamp

Last Updated: Saturday, April 25, 2015, 06:48

Deutsche Bank will cut back investment banking, split off its Postbank retail chain and slash costs, the group said late on Friday, in a restructuring plan designed to restore profitability.

German Postbank staff strike, fearing sale by Deutsche Bank

Last Updated: Monday, April 20, 2015, 18:34

Staff at German bank Postbank launched an indefinite strike Monday in eastern parts of the country, amid growing speculation parent company Deutsche Bank plans to sell off the subsidiary.