17:55 - 8.07.2019

---

July 8, Fineko/abc.az. Deutsche Bank, one of the most famous banks in the world, will reduce much the number of jobs.

According to foreign media, the Bank intends to reduce 18,000 employees.

The reduction will be carried out until 2022, and the number of employees of the Bank will decrease from 91,500 to 74,000 people.

The official announcement of the Bank says that this decision will be implemented in accordance with the Bank's reconstruction plan. Due to the costs of this plan, Deutsche Bank may declare a net loss of EUR 2.8 billion in the 2nd quarter of this year.