The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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
Announcement Date
9 October 2008
Employment effect (start)
Foreseen end date
31 December 2012
Description
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).
Sources
10 October 2008: Handelsblatt
Citation
Eurofound (2008), Deutsche Bank, Business expansion in European Union, factsheet number 67272, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67272.
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