Deutsche Bank stays committed to Schuldschein

Deutsche Bank logo PA 230X150
By Morgan Davis
15 Jul 2019

Deutsche Bank may devote more resources to its Schuldschein business after its restructuring and cutting of its equities business, a senior banker has said, though it does not plan to hire any extra staff in the area.

On July 7, Deutsche announced a massive overhaul of its global business, including cutting 18,000 jobs over the next few years, leaving many to wonder what the future holds for Deutsche.

But so far, though it is slashing other parts of the business, notably equity sales and trading, Deutsche is ...

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