Deutsche unveils deep cuts to equities, but corporate finance spared — for now

Ahead of its AGM on Thursday in Frankfurt, Deutsche Bank announced it had finished the review of its equities business, and planned to cut headcount and prime finance leverage by a quarter — as part of package of cuts that will see more than 7,000 jobs lost at the bank.

  • By Owen Sanderson
  • 24 May 2018

Chief executive Christian Sewing pointed to more than 600 people in the corporate and investment bank than Deutsche had “separated from” in the seven weeks he has been in the job, highlighting the bank’s closure of its Houston office, and the previously announced cuts to US rates.

The ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 183,205.15 716 7.96%
2 JPMorgan 174,363.35 764 7.57%
3 Bank of America Merrill Lynch 167,651.81 559 7.28%
4 Barclays 145,168.12 508 6.30%
5 HSBC 127,738.13 591 5.55%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 28,912.55 42 8.65%
2 Citi 19,639.79 51 5.88%
3 SG Corporate & Investment Banking 18,198.32 63 5.45%
4 Credit Agricole CIB 17,193.43 72 5.15%
5 BNP Paribas 16,639.66 78 4.98%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 8,528.32 38 9.32%
2 JPMorgan 8,142.46 34 8.90%
3 Citi 6,773.14 38 7.40%
4 UBS 5,926.29 19 6.48%
5 Deutsche Bank 4,787.10 31 5.23%