Deutsche MDs had £1.5k suits fitted while bank was firing staff
https://www.fnlondon.com/articles/de...0709?link=mktw
Two tailors photographed leaving Deutsche’s London headquarters on Monday were wrongly identified as fired employees
On the morning that Deutsche Bank began making thousands of job cuts as part of a sweeping overhaul at the ailing German lender, some managing directors at the company were being fitted for suits costing at least £1,500.
The news has emerged after two tailors were photographed leaving Deutsche’s London headquarters on Monday holding suit bags. They were wrongly identified as employees departing the bank with their belongings after being fired. The photo was widely disseminated on Twitter and was used by the Guardian, Financial Times and Reuters.
The two men were in fact Ian Fielding-Calcutt and Alex Riley, who work for Fielding & Nicholson Tailoring. They were there to fit suits for a group of senior staff at the bank unaffected by the job cuts.
On Sunday, Deutsche announced the company will exit global equities trading, cut 18,000 jobs and transfer €75bn of risk-weighted assets into a so-called bad bank as part of a major overhaul of the lender’s business.
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This tells it all, the mind set ,..their loyalty to there employees, there thoughtlessness of how wrong they were having suits fitted while firing people, Deutsche Bank had to be a great place to work . ha ha
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