The bank reaffirmed its intention to move out of the stock business, releasing about 20 percent of its global workforce.
Deutsche Bank will cut about 18,000 jobs over the next three years as part of a major reorganization, the BBC reported.
The rumours were confirmed by the bank, which said it would completely abandon all operations related to the purchase and sale of shares.
The Milwaukee Bucks signed NBA MVP Giannis Antetokounmpo's older brother, Thanasis, to a two-year contract, The Athletic reported Sunday.
The 26-year-old forward was a second-round pick by New York in 2014 and appeared in two games with the Knicks in January 2016.
The Athens native won his second straight Greek League championship this season with Panathinaikos.