The plan represents the lender's most ambitious attempt in years to cut costs, the newspaper said, citing two people briefed on the matter

HSBC to cut up to 10,000 jobs to slash costs

Deutsche Bank plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany's struggling flagship lender The bank will also scrap its global equities business and scale back its investment bank.

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul

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