Deutsche Bank scaling way back or closing?
Last week, Deutsche Bank announced it would cut 18,000 jobs and downsize its investment operations July 2019

observer.com/2019/07/jeffre…
"Long considered an investment platform for the rich & powerful, Deutsche Bank has been plagued with scandals since the 2008 Financial Crisis."
"In 2017, the bank reached a $7.2 billion settlement with the U.S. Justice Dept over allegedly misleading investors on mortgage-backed securities, and was later fined $630 million for alleged involvement in Russian money laundering."
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