Deutsche Bank (DB) may slash thousands of jobs in Germany, the Sueddeutsche Zeitung newspaper...

|About: Deutsche Bank AG (DB)|By:, SA News Editor

Deutsche Bank (DB) may slash thousands of jobs in Germany, the Sueddeutsche Zeitung newspaper reports, with the bank set to cut 543 jobs in a first wave as it streamlines back-office services and its IT system. Deutsche Bank had announced 1,900 job losses in July but said that most of those would come from abroad.