Deutsche Bank may shift half its UK jobs

Most of the 4,000 posts will move to Frankfurt and Berlin; relocation to start next year at the earliest: sources

Published Wed, Aug 2, 2017 · 09:50 PM

Zurich

DEUTSCHE Bank AG envisions shifting almost half its UK positions to the European continent over the coming years as the lender's Brexit plans take shape, people briefed on the matter said.

Most of the 4,000 positions will move to Frankfurt and Berlin under the bank's base case scenario, the people said, asking not to be identified discussing internal planning.