Deutsche Bank AG (DB): This is actually interesting... No strat...

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Re: None

Monday, 04/29/2019 7:52:12 AM

Monday, April 29, 2019 7:52:12 AM

This is actually interesting... No strategy change.

https://uk.reuters.com/article/deutsche-bank-restructuring-investment-i/deutsche-bank-chair-against-strategy-change-at-investment-bank-ft-idUKKCN1S50A9

This at first glance sounds terrible, but you have to think what the strategy actually is.. Simplify, Downsize, Reduce cost and Reduce risk. Its a strategy I agree with, share price will decline, and eventually the profitable core will be sold off to the highest bidder.

Just hope and pray, it can be defused before it explodes.

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