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Empty Desks and Early Beers: Life at Deutsche Bank in New York

  • Equities staff told leaders for years they should make cuts
  • U.S. executives grew discontent after a year of limited info
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The Work Environment at Deutsche Bank While Restructuring Plan Is Formed

Inside 60 Wall Street, the American headquarters of Deutsche Bank AG, the signs of trouble are everywhere.

Begin on the 46th floor, overlooking the East River: brown boxes have been stacked in the offices of the senior-most executive in the Americas. More than 40 flights down, on the trading floor, seats sit empty at mid-morning. Computer screens are black. Some who remain are openly hunting for jobs at rival banks. Their bosses know, and don’t mind.