The logo of Deutsche Bank Photo EPA / Frank Rumpenhorst
two hundred stores are closed With a major reorganization of the Deutsche Bank. The bank has announced this morning in a statement. Savings should yield around 3.5 billion euros.
Reports of the impending reorganization did for a while the round. German media speculate all day about the danger that you will lose the largest bank in the country thousands of jobs. The statement from the bank, these numbers are not mentioned. The bank estimates the one-off restructuring costs of 3.7 billion.
The banktop longer feels the breath in the neck of shareholders to increase profits. Last week the bank was fined 2.2 billion for its share of the Libor fraud. This halved in the first quarter profits.
Deutsche Bank wants to offer the coming years more services online. There will be more invested in digital technologies. Also EUR 1.5 billion pumped into GTB and Deutsche AMW. Last weekend, the bank announced that the interest is being phased in Deutsche Postbank
No comments:
Post a Comment