Deutsche Bank AG moved Sunday to gut its global ambitions as a trading powerhouse, cutting 18,000 jobs and retreating to its German banking roots in a radical overhaul to try to save itself after years of decline.
The lender’s restructuring plans also reorders the bank’s executive ranks under Chief Executive Officer Christian Sewing, with several senior officials leaving.
There are many different barometers of success in handling layoffs like this one. One barometer is fiscal, of course. But another is candidate attraction and employee retention. How did DeutscheBank do in that regard? Not that great, it looks like:
Finally they made it...
I could do much better than all these ceos of this bank performance. Not because i am that good, but because they are that bad. Rename the bank please. Dont deserve the Deutsche tag. Repugnant toward Deutschland.
They’re not going to be repaid by Trump
Going south
Will this include calling in the loan ($650 million+) to the Trump?
German version of Wells Fargo
Ждём банкротства за 5 лет 80 % падения в акциях 😄там супер менеджеры
Hmmmmmmmmmmm who’s picking up the pieces? Heard they’re hiring in the steel mines
As soon as I saw DB the Benny Hill theme began playing in my head
They plan to concentrate on money laundering and real estate.
A good place to start would be to call all loans to Trumps and Kushners due and stop letting them continue to default without penalty.
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Source: CNBC - 🏆 12. / 72 Read more »