Deutsche Bank to Cut 3,500 Jobs Over Next Two Years

Deutsche Bank to Cut 3,500 Jobs Over Next Two Years

Deutsche Bank, Germany’s largest financial institution, has unveiled plans to cut 3,500 jobs worldwide by the end of the next two years, joining a slew of lenders retreating from their workforce amidst a decline in deal-making activity following rising interest rates. The multinational bank, which currently employs around 7,000 people in the United Kingdom, primarily…