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Transcripts For DW Business 20240714

Hard on the sector for years but to no avail this year its not showing up yet another round of losses for the 4th time in 5 years the restructuring measures announced on sunday are aimed at freeing up the remaining divisions of the bank its turning its back on its ailing International Business and focusing on the domestic market. Weve been planning for quite some time that after achieving stabilisation last year cleaning up the Balance Sheet having costs under control now we want to take the next step and thats to align the bank with its strengths and thats what we are pleased to announce today that the. Bank was devastated by the Global Financial crisis and the share price is yet to recover. Legal disputes compounded delicious problems the bank was forced to pay billions in fines for russian Money Laundering breach of sanctions against iran and syria and for its role in the subprime mortgage scandal weary after years of uncertainty someone best received this radical reboot as an oppor

Transcripts For DW Business 20240714

Other operations significantly. Investment bankers were the 1st to go entire teams were given the sack on monday from sydney to london. And could concentrate hard in the sector for years but to no avail this year its not showing up yet another round of losses for the 4th time in 5 years the restructuring measures announced on sunday are aimed at freeing up the remaining divisions of the bank its turning its back on its ailing International Business and focusing on the domestic market. Weve been planning for quite some time that after achieving stabilisation last year cleaning up the Balance Sheet having costs under control now we want to take the next step and thats to align the bank with its strengths and thats what were pleased to announce today that the. Bank was devastated by the Global Financial crisis and the share price is yet to recover. Legal disputes compounded delicious problems the bank was forced to pay billions in fines for russian Money Laundering breach of sanctions aga

Transcripts For DW Business 20240714

To know that 77 percent. Are younger than 6. Cuts me and me and you. And you know what its time all voices. Of the 77 percent be told. This is where. The 77 percent this weekend on d w. Wall street reacts as though its your bank plays out an ambitious Restructuring Plan for cutting thousands of positions and ditching its investment arm helped turn the bank around and whats the plan for the future weve got full coverage. And big game hunting has grown to a Huge Industry in south africa but its increasingly under fire look at what operation and the money behind it. This is your day to be a Business Report im Stephen Beard sambolin thanks for joining us. Deutsche bank shares tumbled more than 5 percent monday after the lender announced an ambitious Restructuring Plan worth 7400000000. 00 euros at the cost of 18000. 00 jobs and c. E. O. Christian saving or close the bank struggling Equities Trading business and shrink other operations significantly. Investment bankers were the 1st to go en

Transcripts For DW Business 20240714

Operation and the money behind it. This is your Business Report im Stephen Beard thanks for joining us. Bank shares tumbled more than 5 percent monday after the lender announced an ambitious Restructuring Plan with 7400000000. 00 euros at the cost of 18000. 00 jobs and c. E. O. Christian saving will close the bank struggling Equities Trading business and shrink other operations significantly. Investment bankers were the 1st to go entire teams are given the sack on monday from sydney to london. And could concentrate hard in this sector for years but to no avail this year its not going up yet another round of losses for the 4th time in 5 years the restructuring measures announced on sunday are aimed at freeing up the remaining divisions of the bank its turning its back on its ailing International Business and focusing on the domestic market. Weve been planning for quite some time that after achieving stabilisation last year cleaning up the Balance Sheet having costs under control now we

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