The German lender announces the job losses as part of a restructuring plan that will ultimately cost $8.31 billion (7.4 billion euros) and see it undo years of work aimed at making its investment bank a major force on Wall Street.
Reports surfaced on Wednesday that four senior industry sources said the oil-rich Kingdom called off both the domestic and international stock listing of the state oil giant.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2021 TRT World.
Like
Follow