Deutsche Bank Considers Cuts of 10% in Rates Unit

Deutsche Bank Considers Cuts of 10% in Rates Unit

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Interactive Video

Business

University

Hard

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The transcript discusses Deutsche Bank's consideration of a 10% reduction in its investment bank, focusing on the unprofitable rates unit. The CEO aims to eliminate non-profitable units while maintaining essential risk management services. The bank has a strong plan, with an Investor Day scheduled for December, but faces challenges in meeting revenue targets, potentially leading to further restructuring.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the minimum percentage under consideration for the bank's review?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is the rates unit considered important despite not being profitable?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the CEO unveil in early July regarding the bank's plan?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do analysts have about the bank's revenue targets?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What might happen if the bank cannot meet its revenue targets?

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