Deutsche Bank to Cut at Least 250 Banker Jobs

Bloomberg --------- Deutsche Bank AG has started cutting at least 250 jobs globally at its corporate and investment bank as Germany’s largest lender seeks to keep a lid on expenses amid a sustained slide in the securities unit, according to people with direct knowledge of the matter. The cuts are still taking place and could widen to more than 500, one person said. In the past two weeks, the bank trimmed senior and mid-level investment banking positions in locations including London and the U.S., the people said, declining to be identified as the details are private. They include Marc Benton, who oversaw European energy investment banking, and Evans Haji-Touma, who focused on sovereign wealth and public pension funds, according to the people. To learn more click on the picture below to read the article.