FRANKFURT – Germany’s Deutsche Bank (NYSE: DB) will further trim its network of 400 branches, resulting in the shuttering of around 50 of its smaller outlets, it said on Wednesday.
The bank said that it would close a “mid-double-digit” number of branches, with the exact figure to be clarified as it negotiates with workers.
“Deutsche Bank will continue to have a nationwide presence with a nationwide branch network,” the lender said.
(Source: ReutersReuters)
