FRANKFURT - , a source close to the matter said on Monday.
The measures are part of a significant restructuring of the investment bank, a major source of revenue for Germany’s largest lender, which has struggled to generate sustainable profits since the 2008 financial crisis. Deutsche said in an emailed statement in response to the FT report that it was “working on measures to accelerate its transformation so as to improve its sustainable profitability. We will update all stakeholders if and when required”.
The new world order. Not good.
100% 😬🏦
Thinker_View Bah tu vas l’avoir ton effondrement tant attendu...
pierrejovanovic 🤣🤪
I‘d like to copy that! First I would like to create a big amount of money like draghi. Then I establish a bad bank where I can hand over the risk. The rest I call success. sick
didn't Enron try something similar?
I prefer ‘naughty’ bank, one that’s made to sit in time-out until it faces up to what it did and apologise to its sister like a good boy.
And whose assets will the 'bad bank' hold? Who will question the ownership within a declared 'bad bank'?(27 question marks for those who cannot add someone else's property to a bank that has to contain bad goods)
matigary This is their version of Zamco
Let me guess, they are going to call the new bank Deutsche Bank? 😂
I better get a state id
Propped up by the German gov perhaps?
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