While relatively small for a bank with more than 84,000 staff, the return to hiring is significant for Deutsche after years of losses, retrenchment and layoffs. In the first year-on-year increase in front-office staff at the investment bank since Germany's largest lender embarked on a restructuring in 2019, Deutsche said on Wednesday the number had risen in the third quarter by 4% to 4,325 people.
FRANKFURT (Reuters) - Deutsche Bank is gingerly hiring new staff at its investment bank, which has become its biggest revenue generator here, as it pursues new revenue opportunities.
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