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Deutsche Bank to Become ‘Even More Technology Driven' While Cutting Costs
DBDeutsche Bank AG(DB) PYMNTS.com·2025-01-30 23:43

Deutsche Bank plans to continue cutting costs by reducing headcount, adding technology and possibly closing business units, executives said Thursday (Jan. 30).“We are determined to make this bank more efficient, and that means changing how we do things,” Deutsche Bank CEO Christian Sewing said in prepared remarks for a fourth-quarter earnings call with analysts Thursday (Jan. 30). “It starts with a simpler organizational setup and a smaller workforce. And it requires us to become even more technology-driven ...