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Added on the 28/09/2016 17:49:44 - Copyright : Reuters EN
Deutsche Bank's finance chief told staff representatives last month that job cuts at the bank could be double that planned, a step that could remove 10,000 further employees, a person with direct knowledge of the matter has told Reuters. David Pollard reports.
Deutsche Bank shares have fallen more than 3 percent after Chief Executive John Cryan failed to secure a speedy deal with the U.S. Department of Justice (DoJ) at the weekend over the misselling of mortgage-backed securities. Sonia Legg reports
Deutsche Bank shares resumed falling after recovering from a record low at the end of last week, as hopes faded of a swift deal with U.S. authorities over a multi-billion dollar penalty. As Sonia Legg reports, the German lender is throwing its energies into reaching a settlement before next month's U.S. presidential election.
A fresh slump in Deutsche Bank's share price sent European markets into a tailspin on Friday and left world stocks sliding toward their worst week in three months. David Pollard reports.
Deutsche Bank has disputed allegations by Germany's financial watchdog in its official response to a preliminary report into interest rate manipulation which threatens sanctions against the bank and individuals. Grace Pascoe reports.
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