Deutsche Bank to cut 3,500 jobs and reward shareholders
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Deutsche Bank surges on robust Q4 profit, layoffs, and raised shareholder returns
February 1, 2024 7:52 AM ESTDeutsche Bank AG (NYSE: DB) saw its shares jump 5.6% in premarket trading Thursday after the German lender unveiled stronger-than-anticipated Q4 profit. Moreover, the bank also further raised shareholder returns and announced 3,500 job cuts.
The bank revealed a net profit of 1.3 billion EUR for the fourth... More
