Deutsche Bank plans Wall Street renovation

Deutsche Bank says it will overhaul its U.S. headquarters at 60 Wall St. in lower Manhattan, with plans to knock out walls and open up space on the skyscraper’s middle floors.

Bloomberg News reports that the renovations will create “a more open and transparent environment for staff” of the company, Germany’s biggest bank and one of New York’s largest securities firms, according to a memo to employees. The plan, designed by the Gensler architecture firm, calls for new desks and spaces designed for collaboration and socialization, and improved access to stairwells to allow people to move between floors more easily.

Deutsche Bank is aiming for “a more dynamic atmosphere,” Stuart Clarke, the bank’s chief operating officer for the Americas, and Alan Scott, a corporate-services director, said in the memo. “The improvements will provide our teams access to work space better designed and adapted to modern business requirements.”

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Deutsche Bank Plans Renovation at Its 60 Wall St. Headquarters

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