Deutsche Bank Implements Hiring Freeze

  • German lender said to tell unit COOs to stop external hires
  • Deutsche Bank hiring freeze comes amid cost cuts, legal woes

Deutsche Bank Said to Freeze Hiring Amid Cost Cuts

Deutsche Bank AG is implementing a companywide hiring freeze as Chief Executive Officer John Cryan seeks to lower costs and shore up investor confidence, according to people with knowledge with of the matter.

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