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and we can bring in stephanie now from the frankfurt school of finance dr stephan deutsche bank a seen three top media ship appointments in six years amid pressure from investors to improve profitability reverse that share is saving the man for the job. i think saving is probably not the one who will continue with the strategy that the bank is currently following given that he has been basically at the head of the private and corporate bank he would probably mean that that he would shift the focus to some extent and tries to to bring back the bank to more profitable through higher profitability using that kind of strategy shift away then potentially from that investment bank business which didn't work out very well anyway what other changes does he need to make what is you really need to roll up his sleeves and get to work for the bank. i think one of the major issues is that really for particularly the investment banking part for each euro euro has to basically been spend so this is quite seems to be quite unprofitable and and i think people and also investors are particularly concern
and we can bring in stephanie now from the frankfurt school of finance dr stephan deutsche bank a seen three top media ship appointments in six years amid pressure from investors to improve profitability reverse that share is saving the man for the job. i think saving is probably not the one who will continue with the strategy that the bank is currently following given that he has been basically at the head of the private and corporate bank he would probably mean that that he would shift the...
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and that was professor sasha stephan at the frankfurt school of finance right now is back of it brian is the german city of minutes they get sick grips with what was a tragic weekend they're trying to right now and details are beginning to emerge about the man who drove a van into a crowd in the german city of munster on saturday killing two people one injuring twenty others police say he was wealthy that he had a number of run ins with the law he's also said to have expressed suicidal thoughts to a neighbor just last week while the people in months there have been attending a church service for the victims. the people of minster packed out the city's famous palace cathedral in honor of the victims of saturday's atrocity. earlier flowers were laid outside the popular pub in the old town where it happens two people were killed and dozens more injured when a forty eight year old german man crashed his van into the crowd the driver had mental problems and was known to police he shot and killed himself after the incident. fifty warned him once i've lived in munster for forty years it's an
and that was professor sasha stephan at the frankfurt school of finance right now is back of it brian is the german city of minutes they get sick grips with what was a tragic weekend they're trying to right now and details are beginning to emerge about the man who drove a van into a crowd in the german city of munster on saturday killing two people one injuring twenty others police say he was wealthy that he had a number of run ins with the law he's also said to have expressed suicidal thoughts...
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and we can bring in steffen now from the frankfurt school of finance to talk to stephan di going to seenhree top leader ship appointments in six years amid pressure from investors to improve profitability reverse that share slump is saving the man for the job. i think is so saving is probably not the one who will continue with the strategy that the bank is currently following given that he has been basically at the head of the private and corporate bank he would probably mean that's that he would shift the focus to some extend and tries to to bring back the bank to more profitable to higher profitability using that kind of strategy shift away that potentially from that investment bank business which didn't work out very well anyway what other changes does he need to make what is he really need to roll up his sleeves and get to work for the bank. i think one of the major issues is that really for particularly the investment banking part for each euro one euro has to basically been spend so this is quite seems to be quite unprofitable and and i think people and also investors are particula
and we can bring in steffen now from the frankfurt school of finance to talk to stephan di going to seenhree top leader ship appointments in six years amid pressure from investors to improve profitability reverse that share slump is saving the man for the job. i think is so saving is probably not the one who will continue with the strategy that the bank is currently following given that he has been basically at the head of the private and corporate bank he would probably mean that's that he...
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sasha steffen at the frankfurt school of finance thank you.meanwhile in london five traders from deutsche bank and british bank barclays take to the stand today in the first euro ball rigging trial now your boat or is the brussels based benchmark interest rate that banks charge each other to lend money to lend you raise the trade is a charge with manipulating that rate to their advantage at the height of the financial crisis the past is catching up to do it to bank again the german lender had hoped the euro bourses candle was over allegations of rigging the average interbank interest rate has already cost deutsche bank billions of dollars in penalties in the u.s. u.k. and in the e.u. in the last two years that some traders involved are going on trial is throwing the bank back into the spotlight deutsche bank is one of the banks that set the euro bore rate that rate is calculated by the european money market institute in brussels twenty banks from all over europe send their daily interest rates to the e m m i the institute calculates the weight
sasha steffen at the frankfurt school of finance thank you.meanwhile in london five traders from deutsche bank and british bank barclays take to the stand today in the first euro ball rigging trial now your boat or is the brussels based benchmark interest rate that banks charge each other to lend money to lend you raise the trade is a charge with manipulating that rate to their advantage at the height of the financial crisis the past is catching up to do it to bank again the german lender had...