Date: 23rd May 2019
Amidst concerns over the performance of the investment bank of Deutsche Bank, its CEO on Thursday said he plans to decrease the spending on the bank. The investment bank of the company has shown negligible signs of improvement after numerous attempts of restructuring.
The company’s shares have dropped sharply in recent times. CEO Christian Sewing is therefore expected to face a plethora of questions over the past performance, future prospects and the current strategies of the company.
After observing the performance of the investment bank, many investors have urged the company to reduce the scale of operations of the division. The CEO said in a statement that the management plans rationalize on businesses that are able to turn profits for the company.
While Sewing said that he plans to make significant “cutbacks”, he did not explain where and how much the cutbacks would be.
The bank seems to be great trouble not only because it posted a profit in 2018 after four years in losses, but also because shareholders are being persuaded to vote for a motion of no confidence in management. The advisory groups of the shareholders, Glass Lewis and Institutional Shareholder Services (ISS), have urged the shareholders to issue the vote.
In addition to the unimpressive performance of the bank over the past several years, the company is also being confronted for the failure to move talks forward with Commerzbank last month regarding their merger.
The shares of the company were traded at 6.42 euros on Thursday. Shareholders are concerned since the shares have dropped by 38 percent compared to the price during the last shareholders’ meeting.
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Have you ever thought about adding a little bit more than just your articles? I mean, what you say is fundamental and all. But just imagine if you added some great photos or video clips to give your posts more, “pop”! Your content is excellent but with images and video clips, this blog could certainly be one of the best in its niche. Amazing blog!
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Статья содержит аналитический подход к проблеме и представляет разнообразные точки зрения.
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Статья предлагает глубокий анализ темы и рассматривает ее со всех сторон.
Статья представляет факты и аналитические данные, не выражая предпочтений.
Я бы хотел выразить свою благодарность автору этой статьи за его профессионализм и преданность точности. Он предоставил достоверные факты и аргументированные выводы, что делает эту статью надежным источником информации.
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Я оцениваю широту охвата темы в статье.
Автор статьи предоставляет разностороннюю информацию, основанную на различных источниках.
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Статья содержит актуальную информацию, которая помогает понять сложность и важность проблемы.
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Статья содержит разнообразные факты и аргументы, представленные в объективной манере.
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Автор представляет сложные темы в понятной и доступной форме для широкой аудитории.
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Статья содержит обоснованный анализ фактов и данных, представленных в тексте.
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Автор статьи представляет различные точки зрения и факты, не выражая собственных суждений.
Автор представляет сложные темы в понятной и доступной форме для широкой аудитории.
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Статья содержит ссылки на актуальные и авторитетные источники, что делает ее надежной и достоверной.
Статья представляет разнообразные точки зрения на обсуждаемую тему и не принимает сторону.
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Автор статьи представляет различные точки зрения и факты, не выражая собственных суждений.
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