Deutsche Bank pared back its revenue growth target on Tuesday, blaming rock-bottom interest rates for hurting its business in a downbeat presentation to investors.

Deutsche Bank predicts meagre growth due to low rates

Germany's biggest lender Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, as the former leading light of the country's financial sector looks to escape years of turmoil.

Deutsche Bank to slash 18,000 jobs by 2022

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

Following weeks of speculation, the bank announced that German Christian Sewing, 47, would succeed John Cryan who has been at the helm since 2015 with Sewing as deputy CEO and head of private banking

Crisis-hit Deutsche Bank pushes out British CEO