Deutsche's new MD will be involved in the bank's programme which has objectives to reduce the workforce by 9,000 full time positions and cut 6,000 external contractors.
With politicians jostling for positions and a sea of red on traders' screens, The Trade considers how the UK's decision to leave the European Union will impact the financial services industry over the longer term.
Job cuts in financial services surge as “Wall Street executives are trying to shrink staffing levels as profits remain under pressure,” says Integrity Research.