BRIEF-Deutsche Bank Says Restructuring Actions Will Include A Workforce Reduction Of Approximately 18,000 Full-Time Equivalent Employees To Around 74,000 Employees By 2022
- Country:
- Germany
Deutsche Bank AG: * DEUTSCHE BANK SAYS HAS ENTERED INTO A PRELIMINARY AGREEMENT WITH BNP PARIBAS TO PROVIDE CONTINUITY OF SERVICE TO ITS PRIME FINANCE AND ELECTRONIC EQUITIES CLIENTS
* DEUTSCHE BANK SAYS RESTRUCTURING ACTIONS WILL INCLUDE A WORKFORCE REDUCTION OF APPROXIMATELY 18,000 FULL-TIME EQUIVALENT EMPLOYEES TO AROUND 74,000 EMPLOYEES BY 2022 * DEUTSCHE BANK SAYS PRESIDENT KARL VON ROHR WILL TAKE ON RESPONSIBILITY FOR THE PRIVATE BANK AND ASSET MANAGEMENT (DWS)
* DEUTSCHE BANK SAYS CHIEF OPERATING OFFICER FRANK KUHNKE WILL GAIN RESPONSIBILITY FOR THE CAPITAL RELEASE UNIT AND FOR THE EUROPE, MIDDLE EAST AND AFRICA (EMEA) REGION * DEUTSCHE BANK SAYS CHIEF RISK OFFICER STUART LEWIS WILL ASSUME ADDITIONAL RESPONSIBILITY FOR COMPLIANCE AND THE ANTI-FINANCIAL CRIME UNIT
* DEUTSCHE BANK SAYS JAMES VON MOLTKE WILL CONTINUE IN HIS ROLE AS CHIEF FINANCIAL OFFICER * DEUTSCHE BANK SAYS WERNER STEINMÜLLER REMAINS CEO OF THE ASIA-PACIFIC REGION Further company coverage:
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- DEUTSCHE BANK
- BNP PARIBAS
- BANK
- CLIENTS
- EMPLOYEES
- CAPITAL
- CHIEF FINANCIAL OFFICER
- EUROPE
- CEO
- REGION
- EMEA
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