Business expansion
European Union
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

2,500 jobs
Number of planned job creations
Job creation
Announcement Date
9 October 2008
Employment effect (start)
Foreseen end date
31 December 2012


On 10 October 2008 the German banking corporation Deutsche Bank announced the expansion of its outlets network in Europe. In the next four years Deutsche Bank plans to set up 400 new outlets, with a total of 2500 employees, in Germany, Italy and Poland. 150 new outlets with some 1250 employees will be set up in Germany but no details were given on the expansion in Italy or Poland. The aim of the expansion is to concentrate activities on retail banking operations. The company employs 78291 employees worldwide (as of 2007).


  • 10 October 2008: Handelsblatt


Eurofound (2008), Deutsche Bank, Business expansion in European Union, factsheet number 67272, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67272.