Deutsche Bank's Asia-Pacific Equities Head James Boyle Resigns

Deutsche Bank Risks Being Dropped From Euro Stoxx 50
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Deutsche Bank AG’s head of equities for the Asia-Pacific region, James Boyle, resigned after two years at the German lender, according to a copy of an internal memo seen by Bloomberg.

Boyle, who joined Germany’s biggest bank from Citigroup Inc., is leaving to pursue other opportunities, according to a memo that was confirmed by the bank. Deutsche Bank is implementing a plan to shed at least 7,000 jobs as it cuts back from markets from Wall Street to the Middle East in order to focus more on its European clients.