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Deutsche Bank UK reworks London hierarchy as junior staff face overwork complaints

Deutsche Bank logoDeutsche Bank
Sig2.25Sen-2.85Env0.00Soc-2.30Gov-0.85

Deutsche Bank is increasing the number of managing directors in London while cutting junior headcount, including a prior reduction of 62 staff in the UK. The resulting structure leaves roughly 1.5 managing directors per analyst and has prompted complaints from junior employees that they are being overworked by multiple senior managers. The bank declined to comment.

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