Deutsche Bank's Uncertainity

in #banks2 years ago

Deutsche Bank has been in news more often for its uncertainity of survival. Bank employees have been expressing their concerns after facing several new strategies and the banks future. Many workers are looking to move on.

CEO Christian Sewing announced another new strategy on Thursday, 03rd May and bank shares plummet as staff doubt bank can survive latest strategy change.

The new strategy comes after Mr Sewing declared the bank must reduce weak investment banking in the US and Asia following an astonishing 80% profit decrease at the start of the year.

What is still coming Deutsche Banks way?

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