Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.1 - Monetary intermediation

1,000 jobs
Number of planned job creations
Job creation
Announcement Date
4 May 2006
Employment effect (start)
Foreseen end date

Description

On 04 May 2006, Deutsche Bank, one of the leading German banks, announced to create 1000 new jobs at German locations. A time scheme for the employment expansion has not been stated. According to Deutsche Bank chair Josef Ackermann, the creation of jobs is part of its business expansion strategy.


Sources

  • 4 May 2006: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2006), Deutsche Bank, Business expansion in Germany, factsheet number 63457, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63457.