Beleaguered German lender Deutsche Bank is undergoing an historic overhaul: Amid mounting losses and a plummeting share price, the firm announced this summer plans to gut its stock-trading business, restructure its investment bank, and lay off 18,000 employees around the world.
All told, the revamp — which will include a shrinking of the firm’s global investment-banking ambitions in favor of a heightened focus on corporate and transaction banking services — will cost north of $8 billion.
But despite the bad headlines, Deutsche Bank isn’t going away. It’s even paying “danger money” to bankers in select areas where it wants to grow.
A cadre of executives at the bank are now responsible for navigating the turmoil and guiding the firm to a more stable and profitable future.
Using leaked internal memos and details from Deutsche Bank insiders, Business Insider has crafted an organizational chart of the most powerful people at the bank.
A Deutsche Bank spokesman declined to comment for this project.
Here is the org chart for the Deutsche Bank leaders in charge of the bank’s historic overhaul.
