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Deutsche Bank will cut 3,500 jobs even as it records $4.5 billion profit last year

Feb. 01, 2024 06:43 AM EST

FRANKFURT, Germany (AP) — Deutsche Bank said Thursday that it would cut 3,500 jobs as part of efforts to slash costs by 2.5 billion euros ($2.7 billion) through next year and boost profits even as Germany’s largest lender benefits from higher global interest rates. The bank said...