Replies to post #115867 on Coffee Sipping Big Board Stocks

[EZ2]

Commerzbank to Slash Jobs, Scrap Dividend in Broad Revamp

Commerzbank said it would lay off close to 10,000 jobs, or roughly 20% of its workforce, and scrap its dividend for this year as part of a wide-ranging overhaul.

The plans are a strong sign new Chief Executive Martin Zielke is determined to shrink the partially state-owned bank amid a protracted period of ultra-low or negative interest rates and weak client demand.

See More Coverage » WSJ

[goforthebet]

I have read in an article today that the German government is working on a kind of bailout with DB, even I have read 2 days ago, that Merkel said, she would not bail out the bank.. lol

[EZ2]

That reply from GoFor ---- came as I sent your post to her.
She LIVES in Austria --- and can provide some good local flavor!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125491537

[EZ2]

DB

http://thefreethoughtproject.com/run-banks-begins-deutsche-bank-cash/