TITLE

Deutsche pair quit following cutbacks

AUTHOR(S)
Begum, Husnara
PUB. DATE
April 2005
SOURCE
Lawyer;4/11/2005, Vol. 19 Issue 14, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Deutsche Bank AG's legal department has suffered a double blow following the departure of two senior inhouse lawyers. Legal counsel Sajid Hussein and Francis Dickinson have quit the German bank to join Bank of America and Barclay's Capital respectively. In February, Deutsche announced that it would cut a total of 6,400 staff, with many of the cuts expected in London and New York, in a bid to slash annual costs of pound 76Om and to hit a pre-tax return on equity target of 25 percent this year.
ACCESSION #
16779057

 

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