The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial / Insurance/ Estate 66 - Activities auxiliary to financial services and insurance activities 66.3 - Fund management activities 66.30 - Fund management activities
70 jobs Number of planned job losses
Announcement Date
24 February 2026
Employment effect (start)
24 February 2026
Foreseen end date
31 December 2029
Description
As announced on 24 February 2026, private bank Donner & Reuschel, a subsidiary of Signal Iduna, plans to cut 70 of its 570 positions over the next three to four years.
The institution is digesting a double‑digit million‑euro loss triggered by bad loans. As a result, the bank is discontinuing three of its six business segments. The company intends to invest in digitalisation and process optimisation in order to achieve long‑term efficiency.
Donner & Reuschel has locations in Hamburg, Munich, Frankfurt, Düsseldorf and Stuttgart.