Deutsche says it does more with less

Strategy presentation by Anshu Jain shows German bank's front office headcount at corporate and investment banking division has fallen 12% from pre-crisis levels – but productivity is up 20%

The number of front office staff in Deutsche Bank's investment banking division has fallen by 12% from pre-crisis levels, according to a strategy presentation by Anshu Jain, while net revenue per person has increased 20%.

The German bank's corporate and investment banking head, in a presentation given yesterday, set out the progress made since 2009, and the investment bank's positioning for the future.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump