Democratic lawmakers in the US Congress have requested documents from German lender Deutsche Bank as part of their investigation into the financial affairs of US President Donald Trump.

German prosecutors raided several Deutsche Bank offices in the Frankfurt area Thursday over suspicions of money laundering based on revelations from the 2016 ‘Panama Papers’ data leak.

Airbus said its defence chief Dirk Hoke will no longer attend the Future Investment Initiative conference in Saudi Arabia, the latest senior industry executive to skip next week's event amid concern about the fate of journalist Jamal Khashoggi.

Deutsche Bank is planning to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs, The Wall Street Journal reported on Wednesday.