Deutsche Bank has almost 91,500 staff around the world. Deutsche Bank said it remained committed to the United States, its second-biggest market. At Deutsche Bank's investment banking headquarters in London, where the bank employs 8000 people, several said they were leaving for the last time, though few were keen to talk. The investment bank generated about one-half of Deutsche Bank's revenues but is also volatile. As part of the overhaul, Deutsche Bank will set up a so-called "bad bank" to wind down unwanted assets, with €74 billion of risk-weighted assets.

Source: Otago Daily Times July 08, 2019 23:15 UTC