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Home | Deutsche Bank to cut 500 jobs |
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Deutsche Bank to cut 500 jobs
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- October 04, 2011
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Deutsche Bank has warned that third-quarter 2011 profit at its Corporate Banking & Securities division will be significantly lower than expected. The group blames the intensifying European debt crisis and a rise in operating costs resulting from an indirect tax position for the disappointment. This combined with a slowdown in client activity will result in [...]
- Read more at:http://www.bankingtimes.co.uk/2011/10/04/deutsche-bank-to-cut-500-jobs/
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