Deutsche Bank staff 'sent home' as 18,000 job cuts begin - business live

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Deutsche Bank staff 'sent home' as 18,000 job cuts begins - business live

Shares in Deutsche Bank have risen at the start of trading in Frankfurt, up over 3% at €7.42, Investors appear to welcome its plan to scale back investment banking, stop trading shares and create a new bad bank to handle its bad debts.

 

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DB staff sent home but most head to the pub...

What do you think? Rather ruthless or properly played? Is this one of the good, bad, or ugly layoff scenarios?

No ethics, not sustainable, no green investments - only good at corruption beginning with top bosses and harming all the basis employees. Do not support such practices. Think before it's too late!

Brexit not getting mention

Someone has to pay for all those money laundering fines... not at the executive level...

A few economists have been saying 2 years for the next major crash. Is this the first sign.

Is the Deutsche crash finally happening? The first domino?

Welcome to the reality of the bubble Trump has created. Like any Ponzi scheme it looks good only as long as you keep funneling new money in. Once the money flow stops everything falls down. Think about it: Your mortgage, house price, stocks, retirement savings.

The fall out from Trumpz grift. It’s just the beginning of a major market meltdown unless Trump gives Wall Street another handout. Watch this in the next few months. No money for healthcare or infrastructure but trillions for Wall Street. If he stops it all crashes

phenomenal podcast:

GERMANS CRISIS !!!

Something similar to Tesla is happening here 😄😄😄😄

👏👏👏🤗🤗🤗

Duche.

“Restructuring” aka, losing money.

Pro tip, don't work for any bank that has become a front for Russian money laundering. I know it isn't their fault. The criminals probably still have a home there.

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