this is your day to be a business report i'm stephen beard sambolin thanks for joining us. deutsche bank shares tumbled more than 5 percent monday after the lender announced an ambitious restructuring plan worth $7400000000.00 euros at the cost of $18000.00 jobs and c.e.o. christian saving or close the bank struggling equities trading business and shrink other operations significantly. investment bankers were the 1st to go entire teams were given the sack on monday from sydney to london. and could concentrate hard on the sector for years but to no avail this year it's not showing up yet another round of losses for the 4th time in 5 years the restructuring measures announced on sunday are aimed at freeing up the remaining divisions of the bank it's turning its back on its ailing international business and focusing on the domestic market. we've been planning for quite some time that after achieving stabilisation last year cleaning up the balance sheet having costs under control now we want to take the next step and that's to align the bank with its strengths and that's what w