Do or die? Why Deutsche Bank is wielding the ax - Reuters TV

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Deutsche Bank is to cut thousands of jobs as it aims to end years of losses. But turning around the ailing giant won't be easy, says ReutersBreakingviews banking editor Chris Thompson via ReutersTV

the mess is huge %HESITATION it's been years in the making not to do what should bank collapses after years of losses it's now unveiled sweeping reforms eighteen thousand jobs to go tens of billions of dollars worth of assets up for sale but the joint bank has talked about change for many years to investors now believe it which is breaking views Chris Thompson this time it's different because it's the most radical reforms in sunny the deepest cots both in terms of jobs on in...

very confident as you'd expect them today %HESITATION thinking that this is realistic it's appropriately ambitious all the all the usual banking bows words to describe it but it is fraught with risk and danger not least they need that other businesses which the North Texas tech to grow that revenue while that downsizing is that while I'm not something Deutscher has been lacking for years at the same time when you're putting so many assets into a runoff unit %HESITATION those...

 

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TV To be expected when you lend billions to Trump.

TV The must have been banking on the billions coming from Brexit.

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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!!
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