UPDATE 1-Deutsche Bank axes whole teams in Asia-Pacific as 18,000 global job cuts begin <!-- no image --> <div>* Brunt of losses borne by equities sales, trading teams, ECM<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7B5TCE3mu2Q:TKlVnOYXiBA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7B5TCE3mu2Q:TKlVnOYXiBA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=7B5TCE3mu2Q:TKlVnOYXiBA:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7B5TCE3mu2Q:TKlVnOYXiBA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=7B5TCE3mu2Q:TKlVnOYXiBA:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/7B5TCE3mu2Q" height="1" width="1" alt=""></div> Posted by Reuters