Deutsche Bank said the reduction in the number of positions would mostly be for jobs that don't involve directly dealing with customers.
RBI rate hike: In a report, the Germany-based bank said the RBI will respond with a slower pace of rate hikes from here, basing the expectation on the recently released minutes of the last meeting of the Monetary Policy Committee (MPC).
Anshu Jain began his career as an analyst in derivatives research at Kidder, Peabody & Co., then moved to Merrill Lynch, where he spent seven years.
Deutsche Bank says it lost 3.1 billion euros ($3.45 billion) in the second quarter as it booked heavy charges for its sweeping restructuring that will lead to the loss of 18,000 jobs by 2022.
Deutsche Bank India said the decision of the German parent to lay off as many as 18,000 employees globally will have an impact here as well but declined to quantify the number of employees who will be hit.
The US Federal Reserve has imposed a penalty of $41 million on Deutsche Bank for failure to maintain controls against money laundering in its U.S. operations.
New Delhi: Women employees at Deutsche Bank India will now have a reason to feel good as they will now get paid maternity leave of 26 weeks similar to that of Tata Group which offers
New Delhi: German lender Deutsche Bank said in a statement that Asia Pacific chief executive and former head of Indian operations Gunit Chadha has decide to put down his papers. Deutsche Bank has posted on
Frankfurt, Germany (AP): Deutsche Bank says it is cutting 35,000 jobs through redundancies and the sale of businesses as new CEO John Cryan seeks to make Germany's biggest lender more manageable and profitable.The bank will
Berlin: In a surprise move, India-born Anshu Jain today resigned as the Co-CEO of Germany's biggest bank - Deutsche Bank - loosing the top spot to former UBS banker John Cryan, who will serve as
New Delhi: Deutsche Bank has given a "buy" rating to Just Dial with a target of Rs 1,800, citing expectations of "high" growth in the online classifieds and digital advertisements market. The bank also sees
Melbourne: Deutsche Bank has refused to fund the expansion of one of the world's biggest coal ports by India's Adani Group near the ecologically sensitive Great Barrier Reef in Australia after protests by green activists.
Frankfurt, Jan 28: Union Finance Minister P Chidambaram will launch a new promotion campaign here today to woo European investors to India as the government struggles to reverse an economic slowdown, rein in fiscal deficit
Mumbai, Jun 27: At a time when Indian lenders are reducing their deposit pricing, Deutsche Bank today revised upwards its deposit rates for domestic and NRE depositors in the range of 1.10-1.40 per cent for
Berlin, Jun 3: Banking sector is set to consolidate globally with only five or six lenders emerging as major players and Deutsche Bank should be among them, co-CEO of Germany's largest lender Anshu Jain said
Mumbai, Mar 18: The German banking leader Deutsche Bank has increased the capital base in its franchise here by Rs 455 crore to fund growth plans.“This Rs 455 crore capital infusion will take Deutsche Bank
Mumbai, Sept 20: Deutsche Bank on Tuesday said it has appointed Anjali Mohanty as Head of Global Transaction Banking (GTB), India. She was earlier associated with Citi Bank. Mohanty will report to Deutsche Bank India
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