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Deutsche Bank chief executive Christian Sewing says ‘no guarantee’ on layoffs
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fnlondon.comDeutsche Bank chief executive, Christian Sewing, said there is "no guarantee" that the bank will not reduce employee numbers after sharp cuts from investment banking rivals in recent months.
While Sewing stopped short of saying that the German lender was embarking on another round of layoffs, he said that the bank's plans to reduce costs by €2bn could include headcount reductions.
"If...
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