Deutsche Bank Considers Cuts of 10% in Rates Unit

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.

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

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

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

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

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