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
400 jobs Number of planned job creations
Announcement Date
19 April 2018
Employment effect (start)
20 April 2018
Foreseen end date
31 December 2018
Description
The financial service provider Deutsche Bank has announced it will create 400 new jobs by the end of 2018. New employees will be working in compliance, controlling and supporting the fight against internal financial crime.
As of April 2018, Deutsche Bank has 2,600 employees working in compliance. According to the Compliance chairwoman, increasing the number of employees fits into Deutsche Bank's policy for sustainable growth by ensuring that profits made in the present are compliant with the rules and will not at a later date incur financial penalties.
Sources
20 April 2018: Finanznachrichten (online)
20 April 2018: CIO (online)
Citation
Eurofound (2018), Deutsche Bank, Business expansion in Germany, factsheet number 93982, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93982.
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