18:22

A security guard outside the US headquarters of Deutsche Bank in New York City. Photograph: Angela Weiss/AFP/Getty Images

Back on Wall Street, employees on Deutsche Bank’s equities floor said the day has been dominated by meetings about restructuring.

One, who anticipated that the layoffs on the equities floor would be swift, told us:

“It’s obviously going to suck for a couple of years.”

Bank officials had indicated that Deutsche planned to overhaul its technology capabilities, suggesting one area where the trading floor had lagged.

