Deutsche Should Shut Investment Banking Operations: Hein

The transcript discusses Deutsche Bank's financial performance, focusing on market expectations, profitability, and the impact of litigation costs. It evaluates the bank's investment banking and global market performance, highlighting the need for strategic changes. Leadership under John Cryan is critiqued, particularly regarding cost-cutting and litigation strategies. The future of Postbank is also discussed, with considerations for its sale and the implications for Deutsche Bank's investment banking sector.

What was the main reason for Deutsche Bank's higher-than-expected profit in the third quarter?

• Higher interest rates

• Lower litigation costs

• Increased revenue from equity trading

• Expansion of the investment banking unit

What is the return on equity for Deutsche Bank's global markets in the third quarter?

• 5.6%

• 3.4%

• 1.7%

• 7.2%

What potential benefit is mentioned if Deutsche Bank reduces its investment banking unit by 50%?

• Improved customer satisfaction

• Increased market share

• Higher employee retention

• Access to over 12.5 billion in free capital

What was one of the strategic goals set by Deutsche Bank in 2015?

• Achieving a return on equity of 12%

• Doubling the number of employees

• Expanding into new markets

• Increasing litigation costs

What is Deutsche Bank waiting for before selling Postbank?

• A new CEO

• A merger opportunity

• An adequate price

• A regulatory approval