Deutsche Bank Expects to Move Far Fewer than 4,000 Jobs to EU After Brexit

Deutsche Bank Expects to Move Far Fewer than 4,000 Jobs to EU After Brexit

Deutsche Bank is headquartered in Frankfurt, but has large operations in the UK with 8,600 staff based there. It employs almost 100,000 people worldwide.

News stories on Deutsche Bank job losses from UK after Brexit

August 2017: Deutsche Bank Expects to Move 4,000 Jobs to EU After Brexit. www.bloomberg.com

January 2018: Deutsche Bank’s (DBKGn.DE) chief executive expects to move far fewer than 4,000 jobs to Frankfurt following Britain’s departure from the European Union, he told Swiss daily Neue Zuercher Zeitung. “The 4,000 number that comes up again and again in media reports is much too high,” John Cryan was quoted as saying in the paper’s Saturday edition.
The 4,000 number appears to have come from an anonymous senior official at Deutsche Bank, earlier in 2017. www.reuters.com

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