Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul

FILE PHOTO: The Deutsche Bank headquarters are seen in Frankfurt, Germany October 29, 2015. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) РDeutsche Bank (DBKGn.DE) plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany’s struggling flagship lender The bank will also scrap its global Continue Reading

Wall Street drops on paltry jobs growth, global slowdown worries

(Reuters) – Wall Street declined on Friday after data showed U.S. job growth almost stalled in February, adding to concerns of a slowdown in global growth sparked by weak China export data and a prolonged slowdown in eurozone. FILE PHOTO: Traders work on the floor of the New York Stock Continue Reading