Analysis of information sources in references of the Wikipedia article "Deutsche Bank" in English language version.
The bank expects to make a formal announcement no later than July 8, one person said. The Wall Street Journal first reported on the plan to cut as many as 20,000 jobs.
...including the loss of as many as 20,000 jobs over the coming years ... The cost could run into the billions of euros, analysts estimate
German lender begins its most radical strategic overhaul in two decades
German lender begins its most radical strategic overhaul in two decades
Other investment-banking divisions also could be slashed, including the bond-trading business and teams that specialize in selling and trading various types of derivatives.
... "tough cutbacks" at the troubled lender's investment bank, his strongest public admission yet that the business needs a dramatic overhaul.