Deutsche Bank prioritizes efficiency with cuts

Deutsche Bank is pulling back on costs to boost efficiency through reducing headcount, streamlining front-to-back processes and shrinking the bank’s footprint. The Frankfurt, Germany-based bank aims to save 2.5 billion euros ($2.6 billion) annually by 2025, according to its third-quarter 2023 earnings supplement. BIGGER PICTURE: The $578 billion Deutsche Bank’s headcount increased 6% year over […]