Deutsche Bank Slashes 18,000 Jobs in $8.3 Billion Overhaul https://www.bloomberg.com/news/articles/2019-07-07/deutsche-bank-launches-major-overhaul-with-8-3-billion-charges In 2008, a public policy decision was made to screw financial services sector. Nationalist boundaries didn't help. Deutsche Bank was fined to launder money through Moscow, London and NYC offices via Equity trading. LOL. Poll: Will you buy/sell/shortsell Deutsche Bank stock?
what’s that mean?
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Deutsche Bank is pivoting to become a European Corporate Bank.