Deutsche Bank Will Cut 75 Jobs at Markets Unit in Overhaul

  • Fixed-income jobs dropped 4% last year across the industry
  • Lender was said to cut 40 jobs at German investment bank

Deutsche Bank AG, which runs Europe’s biggest investment bank by revenue, said it will cut 75 jobs at its trading business as part of co-Chief Executive Officer John Cryan’s plan to lower costs.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.