Christian Sewing, CEO of Deutsche Bank, delivered a pep talk to the global financial institution’s staff via a blog, putting a positive spin on the latest quartertly financial report.
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CARY – Deutsche Bank, which has a major operation in Cary, lost $925 millio in the third quarter as it suffered heavy losses from its drawn-out restructuring aimed at reducing risks and costs. But its CEO is putting a positive spin on the company’s efforts. “Despite having launched the...
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Germany’s biggest bank posted a loss of nearly $3.5 billion in the second quarter, slammed by the cost of a radical overhaul aimed at returning the company to profit.
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Deutsche Bank is going to cut jobs at its software development and technology center in Cary.
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The German lender insists that its latest turnaround effort, which eliminates 18,000 jobs and dramatically shrinks its investment bank, will put the company on the path to consistent profits.
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The layoffs have started at Deutsche Bank as the struggling lender embarks on a dramatic overhaul that will reduce its workforce by 18,000. Will job cuts take place at its operation in Cary? Here is an update.
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Deutsche Bank’s chief executive has taken control of the lender’s troubled investment bank, a sign that dramatic changes are in the works.
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Deutchse Bank, which has a major operation in Cary, could be headed for big changes. Here’s an update.
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What’s next for Deutsche Bank? After ending merger talks with its rival Commerzbank on Thursday, Deutsche Bank posted a 67% profit increase for the first quarter of 2019 on Friday.
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