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German private bank to cut dozens of staff in equities division

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Berenberg, the German private bank, is laying off dozens of staff in its equities business and “resetting” the headcount in that division back to 2017 levels, marking a sudden about-turn after a recent hiring spree. “After many years of successful growth and a planned autumn 2018 review of our structure,…

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Click here to read the full story: Financial Times

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