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Deutsche Bank board to meet July 7 to decide on cutting jobs: sources

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Jun 29, 2019 #Analyses, #BANK, #Banking and Investment Services (TRBC), #Banking Capital and Liquidity Requirements, #Central Banks / Central Bank Events, #Company Management Issues, #Company News, #Corporate Debt, #Corporate Debt Renegotiation, #Credit and Corporate Debt, #Credit Default Swaps, #Debt / Fixed Income Markets, #DEUTSCHE, #Enterprise Reporting, #Equities Markets, #Equity Financing, #Europe, #European Central Bank, #Financials (Legacy), #Financials (TRBC), #Funds, #Germany, #Government / Politics, #Government Finances, #Hedge Funds, #Investment Management and Fund Operators (TRBC), #Labour / Personnel, #Major News, #Mergers / Acquisitions / Takeovers, #Picture available, #Pictures, #regulation, #Restructuring / Reorganization, #Shareholder Meetings, #strategy, #Transportation (TRBC), #United Kingdom, #united states, #US, #Volatile Shares / Hot Stocks, #Western Europe

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FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo

FRANKFURT (Reuters) – Deutsche Bank’s (DBKGn.DE) supervisory board will meet on July 7 to discuss a major restructuring that may result in as many as 20,000 job cuts, three people with knowledge of the matter said.

A spokeswoman for Deutsche Bank declined to comment.

Reporting by John O’Donnell, Hans Seidenstuecker and Tom Sims; Editing by Douglas Busvine and Edmund Blair

Our Standards:The Thomson Reuters Trust Principles.

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