German banking giant Deutsche Bank saw profits slump last year by 16% despite improved revenue, which the corporation largely attributed to the expiration of one-off tax credits that helped boost the bottom line in 2022. The bank now plans to cut 3,500 jobs primarily in “customer-facing areas,” Deutsche Bank said on Thursday. A bank spokesman said that the job cuts should be completed by the end of next year. The latest job cuts are part of wider cost-saving measures that Deutsche Bank’s board plans for the upcoming year totalling €1.6 billion, with the savings intended to come from infrastruc…