July 24, 2019
Via: The New York TimesDeutsche Bank’s plans to retreat from risky investment banking, fire thousands of people and return to its German roots may eventually create a healthier lender. In the short term, the overhaul will be a major financial drain. That was made […]
July 12, 2019
Via: CNBCUBS has become the first broker to upgrade Deutsche Bank’s stock following its initiation of a historic restructuring program. In a note published Friday, UBS analysts upgraded the German lender’s stock from a “sell” to “neutral” and raised its 12-month […]
July 8, 2019
Via: CNBCDeutsche Bank shares slumped more than 5 percent as the German lender announced a mass restructuring program over the weekend. In one of its boldest overhauls, the bank will see 18,000 jobs cut by 2022 and the closure of its […]
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