Investors Want Deutsche Bank's Achleitner Out

The transcript discusses Deutsche Bank's challenges, focusing on its business model and regulatory environment. It highlights the need for a transition from a trader-focused bank to a more sustainable model. The potential for mergers and acquisitions, particularly involving Commerzbank, BNP, and UniCredit, is explored. The discussion concludes with an analysis of future consolidation trends in the banking sector, emphasizing domestic consolidation in Germany and Italy before cross-border mergers.

What is one of the main challenges Mr. Achleitner faces at Deutsche Bank?

• Increasing the number of traders

• Reviving the investment bank

• Reducing the number of branches

• Expanding into new countries

Why is the acquisition environment considered challenging according to the transcript?

• Current market risks

• Lack of interested buyers

• High regulatory barriers

• Insufficient capital

Which banks were mentioned as potential acquirers of Commerzbank?

• HSBC and Barclays

• Lloyds and RBS

• BNP and UniCredit

• Santander and BBVA

What is expected to happen before cross-border consolidation, according to the transcript?

• Increase in interest rates

• Domestic consolidation

• Regulatory changes

• Technological advancements

What political issues are mentioned as affecting cross-border consolidation?

• Political tensions between Italy and Germany

• Currency fluctuations

• Brexit negotiations

• Trade tariffs