Lagarde: Deutsche Bank Has to Look at Its Business Model

The transcript discusses Deutsche Bank's role as a systemic institution and the need for banks to reassess their business models amidst low interest rates. It highlights the growing importance of digital banking, as seen with ING's recent announcements, and suggests that banks may need to cut costs by leveraging technology. The speaker, a lawyer, emphasizes the benefits of settlements over trials, particularly for Deutsche Bank, to provide certainty and align with provisions.

What are some of the challenges that Deutsche Bank faces in terms of its business model?

What is the speaker's perspective on the relationship between interest rates and bank profitability?

In what ways might banks need to introspect according to the discussion?

How is digital banking impacting traditional banking institutions according to the text?

What does the speaker suggest about the importance of settlements for Deutsche Bank?