Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 1489)
1489.
This bank recently announced to pull out of global equities sales and trading to scale back investment banking.
Answer: Option
Explanation:
German bank, Deutsche Bank announced to pull out of global equities sales and trading with an aim to scale back investment banking. The decision is expected to cut off 18,000 jobs for a globally of around 74,000 employees by 2022.
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