Deutsche Bank cuts investment banking jobs as M&A deals dry up amid global slowdown

Deutsche Bank cuts investment banking jobs as M&A deals dry up amid global slowdown

A logo sits on display in front of the Deutsche Bank AG headquarters at dawn in Frankfurt, Germany. Photographer: Ralph Orlowski/Bloomberg

Deutsche Bank AG has cut staff in origination and advisory segments of its investment banking unit, according to a source familiar with the matter, as a pullback in financing deals compels lenders to limit costs.