JP Morgan analysts called the plan"bold and for the first time not half-baked" but questioned the credibility of execution, revenue growth and employee motivation.
"It's a risky manoeuvre, but if it succeeds, it has the potential to bring the bank back on course," a person close to one of the top 10 biggest shareholders said. Founded in 1870, Deutsche Bank has long been a major source of finance and advice for German companies seeking to expand abroad or raise money through the bond or equity markets.
Merkle is is blaming the EU and the Euro for the demise of The Deutsche Bank. And other EU member countries economies struggling. Germany may dump the Euro. Switzerland is moving to excite the EU altogether.
And it won't do a damn bit of good. DB is still going down and taking the rest of the world with it. trillionsinbadderivatives
Please employ me...I was part of a bank that ruined millions of peoples lives but i got loads of dosh for it, so I must be good!