The president criticizes the fed and europe as powell testifies this week. Deutsche bank announcing massive job cuts, exitinging Global Equities business, a highlyanticipated 8. 3 billion Restructuring Plan, but will it be the last. Another controversy brewing at starbucks well tell you what has the company apologizing this morning. Late last week, the s p was at within striking distance of 3k. Since the release of the stronger than expected june jobs number on friday, stocks have fallen on dampened hopes of a fed rate cut as the chairman prepares to testify on the hill later this week the president ramps up his criticism of the fed over the weekend. Take a listen. Despite everything, theyre not doing well and were doing great. Theyre not doing well at all, were doing great. Were taking money out and Interest Rates have gone up. If the fed didnt do what it did or even half, we would have the dow that would be as good as it is, it is doing good, but we would have a dow that would be any
At four local heroes. W made four minds. Thank you nation about the financial strength of a bank has pushed it. To. The u. S. The u. S. Department of justice is seeking to impose a record fine on Deutsche Bank for misleading invest as. Weve been in the headlines last year for a number of the wrong reasons and this didnt help. Generalists havent traditionally been welcome him now were allowed into the questions we want but how honest will the answers be how endangered and how dangerous is this bank really. Oh visit is greeted by a globe everyone is meant to get that bank is only geminid name with a global bank. Well be speaking to bankers and Financial Experts and will be looking at the figures and asking about old burdens and new risks. And. This is the management floor on the thirty sixth story high above frankfurt you can see a long way from here from the top of the well down there looks pretty small. Bank has more than one hundred thousand employees in sixty one countries its a huge
Starting december tenth d. W. That sort of speculation about the financial strength of Deutsche Bank has pushed it shant prize to a record low of the top. Of. The us the Us Department of justice is seeking to impose a record fine on Deutsche Bank for misleading investors. Weve been in the headlines last year for a number of the wrong reasons and this didnt help. Journalists havent traditionally been welcome here now were allowed in to ask all the questions we want but how honest will the answers be how endangered and how dangerous is this bank really. Visitors are greeted by a globe everyone is meant to get that bank is only german in name with a global bank. Well be speaking to bankers and Financial Experts and will be looking at the figures and asking about old burdens and new risks. And. This is the management floor on the thirty sixth story high above frankfurt you can see a long way from here from the top of the well down there looks pretty small. Bank has more than one hundred th
Now youre sitting in a room in the department of justice in brooklyn in a normal meeting room on its own. And both sides present the matter from their point of view of the dinner went to not opinions differ and so you make offers and counteroffers over the course of days and weeks argument our situation on the board ongoing and the board hours. Negotiations cost money and trust the longer they take the more of buffer lost. To the start and of course we knew wed have clients who would react to that with extreme irritation and weve done a lot to prepare ourselves as well and when you have such turbulence you always risk losing client money all the clients will say that if they have business in mind theyll put it off and come back later when everythings over and often in the life or income dont be dumb enough for bias. Coming down clients colleagues and shareholders imparting confidence around the world twenty four seven nothing was more important losing trust means losing money twenty th
And transport can help the line find out what you can do today at redraw the lines not all. Regulation about the financial strength of daunte your bank has pushed it shant prize to a record. In. The u. S. The u. S. Department of justice is seeking to impose a record fine on Deutsche Bank for misleading investors. Weve been in the headlines last useful a number of the wrong reasons. Didnt help. Journalists havent traditionally been welcome here now were allowed into the questions we want but how honest will the answers be how endangered and how dangerous this bank really. Visit is greeted by a globe everyone is meant to get that bank is only german in name with a global bank. Well be speaking to bankers and Financial Experts and will be looking at the figures and asking about old burdens and new risks. And. This is the management floor on the thirty six story high above frankfurt you can see a long way from here from the top of the well down there looks pretty small. Bank has more than