“optimistic,” “very deep,” “challenging,” “radical,” and “surprising,” despite the announcement’s significant foreshadowing.
Shares of the bank were down 6% Monday after losing gains made Friday as markets anticipated the restructuring announcement. Two workers exit Deutsche Bank's 60 Wall Street office clutching white envelopes reported to contain severance packages.Two women exit the Deutsche Bank Wall Street office with personal belongings and the white envelopes containing severance packages.In addition to its regulatory and business model woes, Deutsche Bank paid a $7.
And other banks will follow.
Everything realDonaldTrump touches dies..
All because of Trump now watch more Whitsleblowers come forward
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Factbox: Deutsche Bank takes an axe to investment bankDeutsche Bank said on Sunday that it would make major cutbacks to its investment... :D böyle bişey oluyor işte zihinde o bana ben ona pazıl gibi bişey falan🖕😛🖕 True statement everything Trump touches DIES. More investigations to come with Trump, Retired Justice Kennedy’s son, Jared Kushner & Russia Money Laundering.
Source: Reuters - 🏆 2. / 97 Read more »
The Latest: Deutsche Bank to slash 18,000 jobs in reshuffleBERLIN (AP) — The Latest on Germany's Deutsche Bank (all times local): 5:15 p.m. Germany's struggling Deutsche Bank says it will cut 18,000 jobs by 2022 in a sweeping restructuring... Great news on a Sunday. Now their stock will tumble tomorrow AM where have we seen this before must be the result of climate change.
Source: AP - 🏆 728. / 51 Read more »
Deutsche Bank will exit global equities business and slash 18,000 jobs in sweeping overhaulThe bank aims to reduce costs by 6 billion euros. CEO Christian Sewing had broadcast 'tough cutbacks' during a shareholders' meeting in May. Bye S&P, Bye $SPY, Market is done for now. Congrats who is already set up to profit going down. Hodl XRP we want regulation
Source: CNBC - 🏆 12. / 72 Read more »
Deutsche Bank to Exit Global Equities, Trading BusinessDeutsche Bank moved to gut its global ambitions as a trading powerhouse, cutting 18,000 jobs and retreating to its German banking roots in a radical overhaul to try to save itself after years of decline. A good place to start would be to call all loans to Trumps and Kushners due and stop letting them continue to default without penalty. As soon as I saw DB the Benny Hill theme began playing in my head
Source: WSJ - 🏆 98. / 63 Read more »
Deutsche Bank to slash 18,000 jobs in sweeping restructuringGermany's biggest bank, Deutsche Bank, has announced a restructuring plan that will see it shed its equities sales and trading business as it tries to improve profitability and raise its share price. No dividrnds for a couple of years and 17,000 jobs cut capitalism It's just such a great system. I call bullshyt!!
Source: ABC - 🏆 471. / 51 Read more »
Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaulDeutsche Bank plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany’s struggling flagship lender. lesson learned.. don’t lend to autocrats, tyrants and little orange men. ETTD Here’s a thought....stop lending to criminals! 😡
Source: Reuters - 🏆 2. / 97 Read more »