Deutsche Bank Considers Cuts of 10% in Rates Unit

The transcript discusses Deutsche Bank's consideration of a 10% reduction in its investment bank, focusing on the unprofitable rates unit. The CEO aims to eliminate non-profitable units while maintaining essential risk management services. The bank has a strong plan, with an Investor Day scheduled for December, but faces challenges in meeting revenue targets, potentially leading to further restructuring.

What is the minimum percentage reduction being considered for the investment bank's unit?

• 15%

• 10%

• 20%

• 5%

Why is the rates unit being targeted for restructuring?

• It is the largest unit in the bank.

• It is highly profitable.

• It has the most employees.

• It is not profitable but important for risk management.

What is the bank's plan for the rates unit after restructuring?

• Merge it with another unit.

• Retain some parts for risk management services.

• Expand it significantly.

• Eliminate it completely.

When is the bank planning to present more details about its strategic plan?

• In November

• In December

• In January

• In February

What might happen if the bank fails to meet its revenue targets?

• The bank will close down.

• The bank will increase employee salaries.

• The bank will expand its operations.

• Another round of restructuring may occur.