Deutsche Bank CFO Says Equities Trading Is `Significantly' Down

The transcript discusses the financial restructuring process, including costs and execution strategies. It highlights the impact on job cuts and internal targets, aiming to reduce headcount below 90,000 by the end of 2019. The performance of equity and fixed income businesses is analyzed, noting a significant decline in equities due to restructuring and market uncertainties.

What is the total expected cost of restructuring mentioned in the first section?

• 3.4 billion

• 7.4 billion

• 2 billion

• 5 billion

Which area of the business is primarily affected by the job cuts?

• Equity sales and trading

• Technology

• Real estate

• Marketing

What is the internal target for headcount by the end of 2019?

• Exactly 85,000

• Above 100,000

• Below 80,000

• Below 90,000

How did the fixed income business perform compared to the equity sales and trading business?

• It was down 32%

• It was down 4%

• It was up 10%

• It remained unchanged

What factor contributed to the better-than-expected performance in the fixed income business?

• New management team

• Increased market share

• Tradeweb gain

• Higher interest rates