© Reuters. FILE PHOTO: The logo of Deutsche Bank is pictured on an office of the company in London, Britain July 8, 2019. REUTERS/Simon Dawson
FRANKFURT (Reuters) – The dozens of staff to be cut at Deutsche Bank (ETR:)’s investment bank include staff based in Britain, a person with knowledge of the matter said on Friday.
Reuters reported on Thursday that Deutsche Bank has cut staff in origination and advisory segments of its investment banking unit, as a pullback in financing deals compels lenders to limit costs.
The cuts in New York and London will be in the “dozens”, said the person, declining to give a concrete figure.
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