FTSE LIVE: Deutsche Bank to slash 7,000 jobs

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This Is Money

Germany based multinational bank Deutsche Bank has revealed plans for 7000 job cuts. The bank has been facing difficulties for some time and has decided a radical restructure is needed to change its fortunes. 

Elsewhere Kingfisher has been hit by the Beast from the East cold spell earlier this year as its B&Q chain delivered less than stellar performance.

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