Deutsche Bank Slashes 18,000 Jobs

Deutsche Bank is exiting its equity sales and trading business as part of a costly restructuring plan, which will impact investors by requiring them to forgo dividends temporarily. The bank is undergoing significant leadership changes, with key figures leaving and others being promoted, indicating a continued commitment to investment banking, particularly in fixed income. The bank will focus on its corporate banking division, which includes global transaction banking and German retail clients, while also investing in private wealth and asset management.

What changes are anticipated in the fixed income division as part of the restructuring?

What does the corporate bank focus on according to the restructuring plan?