Will a Hiring Freeze Be Enough for Deutsche Bank?

Will a Hiring Freeze Be Enough for Deutsche Bank?

Assessment

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Business, Life Skills

University

Hard

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Deutsche Bank is implementing a company-wide hiring freeze to save approximately €1.9 billion amid financial pressures, including a DOJ settlement and market concerns about capital increase. The bank has already cut dividends, bonuses, and 9000 jobs. Despite these measures, market reactions suggest more actions are needed. Compliance and risk controls are spared from cuts due to ongoing DOJ negotiations. Deutsche Bank faces challenges in attracting talent and has lost market share in investment banking. The bank aims to stabilize and rebound by focusing on restructuring and regaining market share.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated amount that Deutsche Bank could save by implementing a company-wide hiring freeze?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the measures Deutsche Bank has taken to cut costs?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Deutsche Bank face in attracting talent during this period of cost-cutting?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Deutsche Bank's market share been affected in the investment banking sector?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Bayer Monsanto deal for Deutsche Bank?

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