Deutsche Bank CEO speaks of ‘tough cutbacks’ at contentious shareholder meeting

Deutsche Bank also stressed that its revenues were up to 7.5 billion from 7.3 billion in the same period last year, "despite a tough interest rate environment," showing that its trying the make the.

Deutsche shares have risen 16% over the past month, bouncing off an all-time low in early June after CEO Christian Sewing called for "tough cutbacks" at a contentious shareholder meeting.

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The bank would not say where the cuts would fall, but many of its investment. not expect to have to raise additional capital from shareholders. christian sewing, Chief Executive Officer of Deutsche.

Deutsche Bank, Germany’s biggest financial firm, faces lots of slings and arrows: a never-ending barrage of fines from American regulators, tough new rules on bank capital. a 27% drop. More cuts.

Trump’s golf havens fight taxes and shrink local revenues Kelowna’s real estate reverb – Investment Real Estate Deutsche Bank CEO speaks of ‘tough cutbacks’ at contentious shareholder meeting deutsche bank ceo pledges tough investment bank cuts as. – Deutsche Bank’s chief executive promised shareholders "tough cutbacks" at its underperforming investment bank on Thursday as.

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Deutsche Bank CEO speaks of ‘tough cutbacks’ at contentious shareholder meeting Deutsche Bank CEO speaks of ‘tough cutbacks’ at contentious shareholder meeting. elliot smith. cnbc. 23 May 2019. Reblog. Share. Tweet. Share. View photos. A signs stands above the entrance to a Deutsche Bank AG bank branch in Frankfurt, Germany, on Monday, July 4, 2016..

With a background in risk management and retail banking, he is the first German to run the bank as sole CEO since 2002. He wrote to staff in a May memo outlining job cuts abroad that. are reluctant.

We are happy with our results this quarter and think it speaks well for the TV assets of Gray Television. And frankly most of the states we’re in, we’ve seen very few cutbacks on the state.

Deutsche Bank executives met with shareholders Thursday, as the bank’s tumbling share price and growing backlog of scandals place the board firmly in the firing line. The embattled German lender saw its share price hit a record low Thursday, down nearly 5% since the start of the year.