Fears have arisen over jobs at Deutsche Bank in Birmingham after the company announced global cutbacks.
Deutsche Bank has expanded in the city in recent years and now employs around 2,000 staff here.
The company said it was seeking to axe 9,000 full-time jobs and 6,000 contractor roles by 2018, following the news it had posted a loss of around £4.3 billion in the third quarter of 2015.
A spokesman told the Birmingham Post that, at this stage, the company was still deciding exactly where the axe would fall so could not rule in or out whether it would affect Birmingham.
Deutsche Bank employs just under 100,000 staff world and around 8,000 in London while in Birmingham it has massively increased its presence in the city over the last year by shifting hundreds of staff into Five Brindleyplace.
The Post also reported today that its other base at One Brindleyplace, where it has a lease for another 14 years, has just been acquired by Munich-based fund manager GLL Real Estate.
The bank has confirmed it would close branches in Germany and also shut businesses in Malta, Argentina, Chile, Mexico, Finland, Peru, Uruguay, Denmark, Norway and New Zealand.
It is trying to cut £2.5 billion from annual costs over the next three years.
Chief executive John Cryan, who took on the role in July, said in a letter to staff: "We want to make Deutsche Bank simpler and more efficient.
"That includes reducing the number of products and services we offer, deepening our relationships with the most promising clients and bringing focus to the number of locations in which we operate."
The bank blamed third-quarter losses on large write downs on the value of businesses it had previously bought including US lender Bankers Trust and German retail operation Postbank.
It also wrote down the value of its 20 per cent stake in Chinese lender Hua Xia Bank by £442 million which it is now planning to sell.