Deutsche Bank Resumes Job Cutting Program, 18,000 Could Be Lost

Deutsche Bank Resumes Job Cutting Program, 18,000 Could Be Lost

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses Deutsche Bank's job cut announcement amidst the ongoing virus situation, highlighting the bank's need to save costs. It explores potential government pushback and the delicate economic situation. The discussion also covers Deutsche Bank's strategic options, including corporate lending and avoiding bad loans. Finally, the possibility of a merger with Commerzbank is considered, though it remains uncertain due to economic challenges.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason behind Deutsche Bank's decision to cut jobs?

To expand their workforce

To reduce operational costs

To comply with government regulations

To increase employee benefits

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might the government react to Deutsche Bank's job cuts?

By encouraging other banks to follow suit

By freezing all bank operations

By imposing fines on the bank

By supporting the bank's decision

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the challenges Deutsche Bank faces in maintaining a healthy balance sheet?

Excessive government support

Lack of competition

Overstaffing

Economic instability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which area does Deutsche Bank plan to expand its operations?

Retail banking in the US

Corporate lending in Germany

Real estate in Europe

Investment banking in Asia

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential strategic move for Deutsche Bank discussed in the video?

Merging with Commerzbank

Acquiring a tech startup

Entering the cryptocurrency market

Opening new branches in Africa