Eco Info - Deutsche Bank: The Last Chance Plan?
2019-07-08T21:30:39.554Z
This is the end of "spectacular ambition" and diversification at Deutsche Bank. Christian Sewing, its CEO since April 2018, announced a major restructuring plan to put the bank back on track after several years of loss. On the menu: 18,000 job cuts, the abandonment of trading activities and the reduction of investment activities in favor of a refocusing around 4 areas: retail banking, corporate banking, Germany and Europe.
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Source: france24