Deutsche Bank Shares Rise After Shakeup

ENLARGE Deutsche Bank managers held meetings and conference calls with employees in London, New York and Frankfurt, above. Photo: Martin Leissl/Bloomberg News By Jenny Strasburg and Jenny Strasburg The Wall Street Journal CANCEL Biography @jennystrasburg Google+ [email protected] Juliet Samuel Juliet Samuel The Wall Street Journal CANCEL Biography @CitySamuel [email protected] Oct. 19, 2015 1:46 p.m. ET 0 COMMENTS Deutsche Bank AG DB 2.48 % employees and investors on Monday positively graded the lender’s management and organizational overhaul, saying they welcomed clarity on how businesses will be judged going forward. They also said next week will be crucial to understanding Deutsche Bank’s

Hooray! Bank gives employees Friday nights off

office workers night
Workers stuck in the office at night in London.

Good news Credit Suisse investment bankers: Friday nights — after 7 p.m. at least — are now yours. Except…be ready to return to the office by lunchtime on Saturday.

Credit Suisse (CS) launched the new policy — dubbed “Protected Friday Nights” — last month in an effort to ease the workaholic image typically associated with banks. It applies to investment banking and capital markets bankers in Europe, the Middle East and Africa, excluding the company’s home market of Switzerland.

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