Start of a trend? Seeking to cut costs instead of jobs, Deutsche Bank (DB) puts its small team...

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

Start of a trend? Seeking to cut costs instead of jobs, Deutsche Bank (DB) puts its small team of Dubai-based equity analysts on consulting contracts. Those affected will lose some benefits, but still retain medical coverage and eligibility for bonus. They'll continue to provide research exclusively for Deutsche.