Deutsche Bank board to meet July 7 to decide on job cuts: sources

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Deutsche Bank board to meet July 7 to decide on job cuts: sources
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Deutsche Bank's supervisory board will meet on July 7 to discuss a major re...

FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo

CEO Christian Sewing flagged an extensive overhaul last month when he promised shareholders “tough cutbacks” to the investment bank to turn the lender around after it botched an attempted merger with rival Commerzbank .

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