Deutsche Bank boss faces calls for resignation over job cuts

Montblanc Pen

'A radical new start would restore our credibility'.

Labour representatives at Deutsche Bank's headquarters called on Thursday for the resignation of co-Chief Executive Anshu Jain as the bank prepares to slash jobs.

Reuters reports that the works council representing employees in key administrative functions at the bank's 'corporate center', based at its twin tower head offices, said staff morale was suffering, according to a flyer distributed by the council.

The existence of the flyer was first reported by daily Handelsblatt.

'A radical new start would restore our credibility and could produce a real boost to morale', the council wrote in the flyer, which it produced independently and not in coordination with other works councils at the bank, the paper wrote.

To access the complete Reuters article hit the link below:

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