Deutsche Bank CEO Signals 'Far-Reaching Changes' at Annual Meeting

Deutsche Bank faces significant challenges, with CEO Christian Sewing proposing major changes, including cuts in the investment bank, to address shareholder dissatisfaction. The bank's leadership, including Chairman Paul Achleitner, is under pressure due to failed turnaround efforts and declining stock prices. Shareholders demand revenue growth and question the bank's global ambitions. The investment banking unit, criticized for high costs and low returns, may see significant cuts, particularly in equities. A confidence vote at the AGM could impact the supervisory board's standing.

What major change is being considered at Deutsche Bank to address its current challenges?

• Cutting costs at the investment bank

• Expanding the retail banking sector

• Increasing bonuses for executives

• Merging with another bank

What do shareholders primarily want from Deutsche Bank's management?

• More cost-cutting measures

• Expansion into new markets

• Increased revenue growth

• Higher dividends

What is a key point of debate between the chairman and the CEO of Deutsche Bank?

• The bank's ambition to be a global player

• The location of the bank's headquarters

• The appointment of a new CFO

• The bank's involvement in cryptocurrency

Which division of Deutsche Bank is considered a sore spot due to high costs and low profitability?

• Corporate banking

• Investment banking

• Retail banking

• Wealth management

What is expected to happen to the equities business at Deutsche Bank?

• It will be expanded

• It will receive significant cost cuts

• It will merge with another division

• It will focus on cryptocurrency