Steep job cuts likely at Europe's biggest banks
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
SEVEN years after the collapse of Lehman Brothers Holdings Inc, Europe's largest banks are poised for more bloodletting.
New management teams at Deutsche Bank AG, Barclays plc and Standard Chartered plc are among executives contemplating reorganisations that could involve thousands of job reductions. Deutsche Bank, which runs Europe's biggest investment bank, may trim 8,000 positions across its businesses, a person familiar with the matter said this week.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium
