deutsche bank ag db is reportedly streamlining its mortgage unit which may result in job cuts through attrition and reassignments the company is currently identifying ways to trim expenditure through job cuts reuters reported citing a note from the german newspaper handelsblatt germanys largest lender is bearing the brunt of macroeconomic issues like interest rates and inflation which have fundamentally changed the mortgage market mentioned the report in its q1 results deutsche bank discussed its intentions of incremental cost savings of €25 billion up from €20 billion through nonclientfacing staff reduction and simplifying the mortgage platform we have further developed our mortgage financing strategy and will set up our business field more efficiently faster and also more costeffectively the sources said to handelsblatt noted reuters the mortgage businesses  currently operating under the three brands dsl bhw and deutsche bank  will be managed uniformly in the future also read deutsche bank gears up for biggest expansions in investment banking space post credit suisse crumble price action db shares are trading lower by 071 to 1049 on the last check wednesday