In a scene reminiscent of the financial crisis, axed Deutsche Bank workers leave with belongings

The scene was solemn at Deutsche Bank’s offices in London, New York and Tokyo on Monday as scores of employees, belongings in hand, left their desks for the final time as the German lending giant began one of the largest rounds of layoffs since the financial crisis.

Monday’s exodus represented the first wave of several rounds of layoffs at Germany’s largest lender, which announced on Sunday that it will pull out of global equities sales and cut 18,000 jobs.

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Axed Deutsche Bank workers leave offices en masse, belongings in hand