deutsche - Unusual Whales

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deutsche

A collection of 2 posts

Deutsche Bank tells investors there's no more guarantee on Russian stocks' full access

Per Reuters Deutsche Bank has issued a note to investors, saying that they could no longer guarantee that owners of Russian stocks would still have full access to them. This came after some Russian shares went missing. The bank mentioned a deficit in shares backing the depositary receipts (DRs) issued

Deutsche Bank plans to cut around 800 senior back-office staff

Per Bloomberg Deutsche Bank is now one of the latest major companies to lay off staff. The bank noted that it would let go of around 800 senior back-office positions. This is part of the bank's larger efforts to reduce costs amid its trading business slowdown. Deutsche Bank