May
10
At Deutsche Bank’s U.S. Unit, Anxiety Grows as Ax Starts to Fall
By-
Firm likely to dismiss some pricey recruits from recent years
- New CEO Sewing is said to travel to New York to bolster morale
In chandeliered conference rooms and marble-floored hallways, Wall Street A-listers chatted, with no shortage of schadenfreude, about the German bank’s recent capitulation: After two decades trying to build one of the world’s top investment banks, it’s settling for something less — and may eliminate thousands of jobs, especially in the U.S…
At Deutsche Bank’s U.S. Unit, Anxiety Grows as Ax Starts to Fall
