UPDATE 1-Political pressure mounts on Deutsche Bank over restructuring

April 22, 2015 12:47 PM

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BERLIN/FRANKFURT, April 22 (Reuters) - Deutsche Bank co-chief executives Anshu Jain and Juergen Fitschen met with German finance minister Wolfgang Schaeuble late on Monday, sources close to the matter said on Wednesday, ahead of a decision on a major restructuring.

The overhaul, to be announced as early as Friday, will include a sale of Deutsche's Postbank arm and possibly also its own-branded retail network. The shake-up, which would allow the bank to focus on more-profitable investment banking, could cost thousands of jobs.

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