Empresas y finanzas

Deutsche Bank to slash 1,900 jobs to save $3.67 billion

FRANKFURT (Reuters) - Deutsche Bank said it will slash 1,900 jobs in an effort to achieve cost savings of about 3 billion euros ($3.67 billion) as part of a broader strategic overhaul unveiled by the bank's new chiefs on Tuesday.

The cull of jobs will happen mainly outside of Germany, and comes in response to a slowdown in financial market activity.

Job cuts mark an about-turn for the German bank, which in April said it saw no need for layoffs at its investment bank.

(Reporting By Edward Taylor)

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