A red road traffic light stands illuminated as the logo of Deutsche Bank AG sits on the exterior of the bank’s offices in Berlin, Germany (Photographer: Krisztian Bocsi/Bloomberg)  

Deutsche Bank Is Said to Plan to Cut U.S. Jobs by Over 10%

(Bloomberg) -- Deutsche Bank AG is planning to cut more than 10 percent of U.S. jobs as it withdraws from businesses where it can’t compete, a person briefed on the matter said.

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