Post Profile

Europe's Largest Bank Just Scrapped Its Dividend

Make no mistake, the writing has been on the wall for months. Deutsche Bank is going through a painful restructuring that began with the ouster of co-CEOs Anshu Jain and Jürgen Fitschen and culminated in new CEO John Cryan’s move to eliminate a quarter of the workforce, or some 23,000 people. The bank then proceeded to announce a shakeup in the corporate structure before moving to cut the I-bank bonus pool by some $566 million.
read more


Related Posts

Scandal-Plagued Deutsche Bank Terminates Head Of I-Banking As Part Of Sweeping Restructuring

Business & Finance : Zero Hedge

We first realized that something was off at Deutsche Bank in the summer of 2013, when long before the bank's unprecedented management, regulatory and litigation problems surfaced, we first pointed out that while Europe was supposedl...

Deutsche Bank: Sorry, But The Good News In Spain Means Nothing For The Rest Of Europe

Business & Finance : Business Insider: Money Game

Deutsche Bank's Mark Wall argues that the latest ECB moves aren't enough to end the crisis, and that the drop in short-term Spanish yields means nothing in terms of being a positive sign for the rest of Europe. We do not think that ...

Meet Europe’s New Biggest Bank — HSBC

Business & Finance : Deal Journal -

In the future, Deutsche Bank will no longer be Europe’s largest bank. Rival HSBC has just overtaken Deutsche Bank as the largest bank in Europe by assets.

Germany: Deutsche Bank bosses get less

Business & Finance : Business Report

Deutsche Bank, which runs Europe’s biggest investment bank, cut co-chief executive Anshu Jain and Juergen Fitschen’s compensation 11 percent for 2014 after the stock was the worst performer last year among global banks. ||| DEUTSCHE...

Barclays Fires CEO In Latest Rate-Rigging Euro Bank Shakeup

Business & Finance : Zero Hedge

It's shaping up to be a rough year for CEOs at Europe's most notorious rate rigging, scandal-laden investment banks. Just three months after Brady Dougan left Credit Suisse and barely 30 days since Anshu Jain and Jürgen Fitschen ten...


Copyright © 2016 Regator, LLC