LeroysBoots 5:16 Fri Jul 5
Deutsche Bank
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Anyone on here work at Deutsche ?
Looks like the proverbial sh*t will hit the fan on Monday.
Meeting rooms blocked out by HR
https://news.efinancialcareers.com/uk-en/3001540/lehman-brothers-deutsche-bank?_ga=2.250984143.813716912.1562336714-608671338.1557687342
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Replies - In Chronological Order ( Show Newest Messages First)
riosleftsock
5:21 Fri Jul 5
Re: Deutsche Bank
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I would normally ask how the hell they keep going......
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Mart O
5:22 Fri Jul 5
Re: Deutsche Bank
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I doubt they'll be taken by surprise. It's been a monumental fuckup for so long now.
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riosleftsock
5:23 Fri Jul 5
Re: Deutsche Bank
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I hope they keep it afloat until after we've left
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Gavros
5:31 Fri Jul 5
Re: Deutsche Bank
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Massive clean out of the investment banking division.
Much like happened at West LB and many others years ago.
Will go back to being a fairly simple German bank and merge with Commerz.
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Northern Sold
6:10 Fri Jul 5
Re: Deutsche Bank
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MATE of mine does at Canary Wharf
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Buster
8:21 Fri Jul 5
Re: Deutsche Bank
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Boots.
Seriously mate, go and get out and about a bit more, you're fucking relentless on here.
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LeroysBoots
8:35 Fri Jul 5
Re: Deutsche Bank
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Fucking hardly !
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Cockney Rebel
11:55 Fri Jul 5
Re: Deutsche Bank
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I work for Deutsche at Canary Wharf, and have been hearing rumours for sure.
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Sydney_Iron
12:08 Sat Jul 6
Re: Deutsche Bank
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Been rumours of a Deutsche collapse for at least the last 10 years!
Cry Wolf and all that....
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Alfie
12:10 Sat Jul 6
Re: Deutsche Bank
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Daily Mail journalism of the first order.
I imagine the hack was foaming at his spitty little cakehole as he deployed the Lehmans comparison.
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charleyfarley
12:19 Sat Jul 6
Re: Deutsche Bank
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Trumpy owes them a few bob
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Gavros
2:35 Sat Jul 6
Re: Deutsche Bank
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Sydney_Iron 12:08 Sat Jul 6
Re: Deutsche Bank
Been rumours of a Deutsche collapse for at least the last 10 years!
Cry Wolf and all that....
yeah but this time its definitely happening,
Will cause a few headlines on Monday for sure.
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Cheezey Bell-End
2:37 Sat Jul 6
Re: Deutsche Bank
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The gold teeth must be running low.
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Alfie
2:46 Sat Jul 6
Re: Deutsche Bank
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CBE - one could speculate that an institution under such scrutiny may need to liquidate some Rembrandts / , back teeth fillings - portable gold and other treasure locked up in the swiss / IOM / film making evasion / H Redkcrapps dog accounts.
Liquidate up. Bring up the wealth. Big up your scene & yourself
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Leeshere
3:11 Sat Jul 6
Re: Deutsche Bank
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Probably explains why Merkel has had the shakes recently.
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Alfie
3:19 Sat Jul 6
Re: Deutsche Bank
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Not sure about Merkel but i knew a german hoochy mama like that who flopped about because in a recent sex game gone wrong she got a cadburys creme egg sized love egg irretrievably and perilously lodged up her coal scuttle.
Every time its alarm pings, she froths up like a slug in salt.
Macron shit himself from it and the Irish Taoiseach prayed to mother christ.
When she comes up on it she shakes like shaking stevens with st vitus dance.
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JLAP
11:07 Sun Jul 7
Re: Deutsche Bank
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(C&P BBC..)
Up to 20,000 jobs could be axed at Deutsche Bank in a radical reorganisation of Germany's biggest bank.
The investment bank is expected to be particularly hard hit, with many of the cuts set to affect London and New York.
The supervisory board of Deutsche Bank is expected to approve the plan on Sunday.
The reorganisation of the business follows the failure of merger talks with rival Commerzbank in April.
The German government had supported the tie-up, hoping it would create a national champion in the banking industry.
However, both banks concluded that the deal was too risky, fearing the costs of combining might have outweighed the benefits.
German banking giants abandon merger talks
Deutsche Bank raided over money laundering
Chief executive Christian Sewing, who took on the top job just over a year ago, told shareholders at the annual general meeting in May that he would "accelerate transformation" by focusing the bank on "profitable and growing" businesses.
"I can assure you: we're prepared to make tough cutbacks," he said.
The 20,000 job cuts would be equivalent to a fifth of the company's global workforce.
With almost 8,000 staff, London is the home of its biggest investment operations.
Deutsche Bank has been struggling for years with the decline of its investment bank and has made several attempts to revamp its business.
It is thought that the latest plan will be the most ambitious so far and it has already prompted the resignation of one top executive.
On Friday, the bank announced that its head of investment banking, Garth Ritchie, was leaving.
Shares in the firm have fallen by a quarter over the last year. Last month they fell below €6 a share, but have recovered a little since then, and on Friday closed at €7.17.
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Mike Oxsaw
11:14 Sun Jul 7
Re: Deutsche Bank
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But...but...but...
This cannot, CANNOT, happen.
It's only people like miners, factory workers and PEASANTS who are affected by technological progress and changes in business needs. EVER.
What's the fucking point in me getting my 2:1 in Media Studies if next Thursday I've got to line up in the dole queue surrounded by homeless tramps and immigrant single mothers?
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Kaiser Zoso
11:15 Sun Jul 7
Re: Deutsche Bank
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Ask divros he spent enough time doing exactly that
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