Deutsche to trim Mideast investment banking staff: sources
DUBAI (Reuters) – Deutsche Bank is cutting several senior jobs in its investment banking business in Dubai, including directors, as it cuts costs to adapt to a tougher investment banking environment globally, three banking sources said. The German lender last week outlined plans to cut bonuses, axe more jobs and sell assets, and senior executives said expected job cuts would be “over and above” the 1,900 positions already announced. . . .
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