![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/ILW7O5L3ZPEL7GG3NUYFFCN2GA.jpg?smart=true&auth=47f1c8023c0872b59f54a20b0986aa0cb378500d356e1b34e8b71aade52196bf&width=400&height=225)
Members of staff look out from the Deutsche Bank building in London. Getty
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Deutsche Bank cut 18,000 job cuts globally in one of the biggest investment bank overhauls since the financial crisis.. Reuters
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A man holds bags and suit carriers as he leaves the offices of Deutsche Bank in London, UK, on Monday. Bloomberg
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The layoffs began in Sydney on Monday before spreading across the region, followed by London and the US. AFP
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London staff said the redundancy involved a very quick meeting 'and that was it'.
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The sweeping restructuring is likely to hit Deutsche Bank’s investment banking division the hardest. Getty
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/ILW7O5L3ZPEL7GG3NUYFFCN2GA.jpg?smart=true&auth=47f1c8023c0872b59f54a20b0986aa0cb378500d356e1b34e8b71aade52196bf&width=400&height=225)
Members of staff look out from the Deutsche Bank building in London. Getty
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/UKFE4VSJIYDGTYVXID2VZUVL3E.jpg?smart=true&auth=314a7b786cd4522416251ec5536ec14885bb38d3ff238a32e48bb8e999d846cd&width=400&height=225)
Deutsche Bank cut 18,000 job cuts globally in one of the biggest investment bank overhauls since the financial crisis.. Reuters
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/Y373H7TVHHT6JL2VCHG5TOU62Q.jpg?smart=true&auth=e46aef292f120ef1883c03fc79462b8bcc9ee3181306804d8f9a9c916912091c&width=400&height=225)
A man holds bags and suit carriers as he leaves the offices of Deutsche Bank in London, UK, on Monday. Bloomberg
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/QKWZVWKDCKVAGIOYL4HD6XMX6E.jpg?smart=true&auth=7baefb36755fb4a2355de14e905fb374bd1f6702447ea000af8c2ee50393ef28&width=400&height=225)
The layoffs began in Sydney on Monday before spreading across the region, followed by London and the US. AFP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/3H57VKS2UCKSVJZSVCV32XGNVE.jpg?smart=true&auth=143f8ff7a1e151ca33235ead892c3088d7965cdf0766535b8ae4dcd40adcddc4&width=400&height=225)
London staff said the redundancy involved a very quick meeting 'and that was it'.
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/DGM425K57UEEVTMJSDIYITFORM.jpg?smart=true&auth=c21b2685c532fcd401f19683f7900967c6e56d243c3d3fad4f86d50523772290&width=400&height=225)
The sweeping restructuring is likely to hit Deutsche Bank’s investment banking division the hardest. Getty
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/ILW7O5L3ZPEL7GG3NUYFFCN2GA.jpg?smart=true&auth=47f1c8023c0872b59f54a20b0986aa0cb378500d356e1b34e8b71aade52196bf&width=400&height=225)
Members of staff look out from the Deutsche Bank building in London. Getty
Deutsche Bank cuts 18,000 jobs across businesses in $8.3bn overhaul
Germany's biggest bank unveiled a restructure plan that will see the lender exit its equities unit and shelve dividends this year and next
Bloomberg
08 July, 2019
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