Deutsche Bank: Business trips are increasingly undesirable

Frankfurt Business trips are also increasingly falling victim to Deutsche Bank’s austerity measures. Travel requests have to be better and better justified and are being rejected more and more often, several employees of the institute told the Handelsblatt. According to financial circles, trips that do not go to customers should be avoided as far as possible.

Employees of the infrastructure units are said to be particularly affected. This is how the bank describes areas without direct customer contact, such as IT, risk management and other administrative tasks. According to financial circles, employees from the infrastructure units should hold their meetings digitally instead of traveling.

A spokesman for Deutsche Bank said when asked: “The bank controls its travel expenses and approves trips based on the purpose of the trip and the available budget.”