Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which Germany's largest lender said would mean yet another annual loss, knocking its shares. Watch full video to know more.

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

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