Deutsche Bank to cut more than 20 jobs in India with the axe pointing at the Middle East

Pedro Gonçalves
clock • 2 min read

Deutsche Bank will let go more than 20 people in India as part of its global move to withdraw from its equity sales and trading business, while it said it is "too early" to determine  the restructuring plan's impact in the Middle East. Deutsche Bank's equities team in India is divided into about 10 researchers and around 20 in sales and trading, according to the people. Germany's biggest bank said in an email it is too early to comment on the details of the cuts in India, Bloomberg repor...

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