Deutsche Bank Weighs Bad-Bank Unit in Revamp: FT

Deutsche Bank Weighs Bad-Bank Unit in Revamp: FT

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Business

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Hard

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The transcript discusses concerns about the balance sheet of an investment bank, highlighting a discrepancy in reported percentages. It explores the potential impact of balance sheet reductions on employment, particularly in New York City, and notes that the US business is likely to be trimmed the most due to its unprofitability. The discussion shifts to Deutsche Bank's strategic moves, including potential job cuts and the need for a strategic plan to return to profitability. The transcript concludes with a focus on the management's timeline and future strategies, emphasizing the need for time to develop a sustainable plan.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategic plan is desired by shareholders for the bank's future profitability?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the current management team face in implementing their plan?

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