Deutsche Bank again lays off 10 private bankers in Asia to restructure private banking business in the region

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Deutsche Bank again lays off 10 private bankers in Asia to restructure private banking business in the region

Recently, it has been reported that investment banks in Asia and the Pacific are reducing their operations, facing economic and market uncertainties, and that a large number of financial professionals have been "opened up". Bloomberg reported that Deutsche Bank had cut 10 jobs in Asian private banking over the past week, and that it had previously reported that up to a dozen people had been made redundant in recent quarters in a bid to focus on …