German Deutsche Bank implodes on back of failed Merkel economic policy
The Duran Quick Take: Episode 235.
The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss Deutsche Bank's 18,000 job cuts by 2022, as part of a sweeping overhaul at the ailing German bank, which is transitioning out of high-risk investment banking.
Deutsche Bank staff from Australia, Asia and the United States were notified of the massive lay-offs as they arrived for work, and were later photographed leaving their offices with large envelopes and boxes of their belongings.
Germany’s biggest bank is cutting roughly one-fifth of its workforce, reducing its headcount to 74,000 employees, in an effort to cut annual costs by six billion euros and return to profitability. This fresh round of job cuts comes on top of some 6,000 jobs slashed over this past year.
This latest restructuring effort could be a last chance gasp for Deutsche Bank, after merger talks with Frankfurt rival Commerzbank fell through earlier this year.
#DeutscheBank #Germany #Merkel #TheDuran
***
The Duran - http://theduran.com
Official merchandise - http://drnshop.com
▶️ SUBSCRIBE STAR: https://subscribestar.com/theduran
▶️ PATREON: https://patreon.com/theduran
▶️ BUY. T-shirts, Polos, Mugs & more: http://drnshop.com
▶️ DONATE: https://paypal.me/theduran/10
INSTAGRAM: theduran_com
https://instagram.com/theduran_com
🔴 Subscribe on BLANKCHAT:
Android: https://bit.ly/2Hlr8rx
iPhone: https://apple.co/2CnYz8u
AUDIO:
🔴 iTunes:
https://itunes.apple.com/us/podcast/the-duran-podcast/id1442883993
🔴 Soundcloud:
https://soundcloud.com/user-901836666
VIDEO:
🔴 Subscribe on BitChute: https://www.bitchute.com/theduran/
SOCIAL:
🔴 Gab: https://gab.ai/TheDuran
🔴 Minds: https://minds.com/theduran
🔴 Facebook: https://facebook.com/thedurancom
🔴 Twitter: https://twitter.com/theduran_com
Видео German Deutsche Bank implodes on back of failed Merkel economic policy канала The Duran
The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss Deutsche Bank's 18,000 job cuts by 2022, as part of a sweeping overhaul at the ailing German bank, which is transitioning out of high-risk investment banking.
Deutsche Bank staff from Australia, Asia and the United States were notified of the massive lay-offs as they arrived for work, and were later photographed leaving their offices with large envelopes and boxes of their belongings.
Germany’s biggest bank is cutting roughly one-fifth of its workforce, reducing its headcount to 74,000 employees, in an effort to cut annual costs by six billion euros and return to profitability. This fresh round of job cuts comes on top of some 6,000 jobs slashed over this past year.
This latest restructuring effort could be a last chance gasp for Deutsche Bank, after merger talks with Frankfurt rival Commerzbank fell through earlier this year.
#DeutscheBank #Germany #Merkel #TheDuran
***
The Duran - http://theduran.com
Official merchandise - http://drnshop.com
▶️ SUBSCRIBE STAR: https://subscribestar.com/theduran
▶️ PATREON: https://patreon.com/theduran
▶️ BUY. T-shirts, Polos, Mugs & more: http://drnshop.com
▶️ DONATE: https://paypal.me/theduran/10
INSTAGRAM: theduran_com
https://instagram.com/theduran_com
🔴 Subscribe on BLANKCHAT:
Android: https://bit.ly/2Hlr8rx
iPhone: https://apple.co/2CnYz8u
AUDIO:
🔴 iTunes:
https://itunes.apple.com/us/podcast/the-duran-podcast/id1442883993
🔴 Soundcloud:
https://soundcloud.com/user-901836666
VIDEO:
🔴 Subscribe on BitChute: https://www.bitchute.com/theduran/
SOCIAL:
🔴 Gab: https://gab.ai/TheDuran
🔴 Minds: https://minds.com/theduran
🔴 Facebook: https://facebook.com/thedurancom
🔴 Twitter: https://twitter.com/theduran_com
Видео German Deutsche Bank implodes on back of failed Merkel economic policy канала The Duran
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Modi and Lula, done dealing with Zelensky. BRICS new currencyAfrica rejects Macron. Macron blames WagnerChinese Defense Minister in Moscow. Preparing for the battle to comeMacron's troubles continue. France rating downgradeLukashenko meets Xi Jinping. Cold war lines are being drawnKurds signal rapprochement with Syrian governmentInflation on the rise. EU sanctions, punish consumers and reward energy companiesSaudi Arabia continues to move away from petrodollarTrade between BRICS nations hits record levelsBakhmut widening cauldron, Kupyansk offensive. Scholz visits BidenU.S. foreign policy isolates the U.S.African leaders, collective west is not the only game in townRussiagate FBI official who investigated Trump arrested for ties to oligarchPeace in Syria takes big step forwardMunich in despair as EU sinks, Russia surges and Trump loomsNext diplomatic victory on the horizon, Syria and TurkeyMunich drama and red lines between China and collective westUS inflation numbers are really bad. Biden says everything is under controlBetting it all on Bakhmut breakthroughChina warns, guardrails are coming offAnother one bites the dust. Scotland, First Minister Nicola Sturgeon resigns