Deutsche Bank Reports 3Q Net Loss

The video discusses Deutsche Bank's financial performance, highlighting a significant drop in net income compared to the previous year. It covers strategic changes, including personnel shifts and financial provisions for legal matters. The bank has expanded its board and appointed Martin Marcus Shank as the new CFO, replacing Steven Kraus, who will focus on strategy.

What was the net income before provisions for Deutsche Bank, and how did it compare to analyst estimates?

• 4.5 billion, below estimates

• 4.5 billion, above estimates

• 3.41 billion, below estimates

• 3.41 billion, above estimates

What significant financial action did Deutsche Bank announce before the stress tests in Frankfurt?

• A large cash reserve for legal provisions

• A merger with another bank

• A dividend increase

• A new investment strategy

Who was appointed as the new Chief Financial Officer at Deutsche Bank?

• Steven Kraus

• Martin Marcus Shank

• Mark Good

• Anna Deutsche

What role will Steven Kraus take on after the personnel changes at Deutsche Bank?

• Board Member and Strategy Lead

• Head of Legal Provisions

• Chief Executive Officer

• Chief Financial Officer

How many members are now on the Deutsche Bank board after the recent expansion?

• Seven

• Eight

• Ten

• Nine