Deutsche cuts

Deutsche Bank cuts 40 equities bankers in Asia

Deutsche's cuts are part of a street-wide reduction in equities team staffing in Asia, which is a reflection of how the capital markets have slowed.

Lara Wozniak

September 05, 2012

Deutsche Bank cut approximately 40 bankers in its equities division in Asia yesterday, which is about 9% of its equities staff, according to sources. This was part of Deutsche’s plan to reduce 1,900 people from its global staff, which it announced on July 31.

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