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At Deutsche Bank's U.S. Unit, Anxiety Grows as Ax Starts to Fall | Tony Seruga
May
10

At Deutsche Bank’s U.S. Unit, Anxiety Grows as Ax Starts to Fall

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  • 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

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