Deutsche is having a Lehman moment in a roaring bull market

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Post  Sirop14 on Fri Jul 05, 2019 4:16 pm



Deutsche is having a Lehman moment in a roaring bull market
From a distance, Deutsche Bank's capitulation is bizarre. Lehman Brothers failed during a full-blown financial crisis, with 26,000 employees losing their jobs.
Financial Times
https://www.ft.com/content/2b8ddb1c-9e52-11e9-9c06-a4640c9feebb


Deutsche investment bank boss quits as troubled bank 'enters new phase'
Deutsche Bank's investment banking chief Garth Ritchie has quit the troubled bank after over two decades as it "enters a new phase".
Telegraph.co.uk
https://www.telegraph.co.uk/business/2019/07/05/deutsche-investment-bank-boss-quits-troubled-bank-enters-new/





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Post  Sirop14 on Mon Jul 08, 2019 3:26 am


Deutsche Bank to axe 18,000 jobs worldwide in radical restructuring
Hundreds of City workers are fearing for their jobs after Deutsche Bank, the global bank that is one of the Square Mile's largest employers, said it plans to axe ...
The Guardian
https://www.theguardian.com/business/2019/jul/07/deutsche-bank-to-axe-18000-jobs-worldwide-in-radical-restructuring


Deutsche calls time on global banking ambitions by cutting 18,000 jobs and setting up €74bn 'bad bank'
Deutsche Bank has effectively called time on its global banking ambitions after it unveiled a much more radical than expected overhaul on Sunday.
Telegraph.co.uk
https://www.telegraph.co.uk/business/2019/07/07/deutsche-confirms-bad-bank-plan-amid-wider-restructuring/


Deutsche Bank to slash 18,000 jobs with London roles at risk
Germany's struggling Deutsche Bank said on Sunday it would cut 18000 jobs by 2022, downsizing its volatile investment banking division in a restructuring ...
The Independent
https://www.independent.co.uk/news/business/news/deutsche-bank-jobs-cut-london-investment-germany-profits-shares-a8992841.html


Inside Deutsche Bank's cuts: Christian Sewing's private letter to staff
It's happening. Following today's board meeting, Deutsche Bank has announced that it will be exiting global equities sales and trading and significantly cutting ...
eFinancialCareers
https://news.efinancialcareers.com/uk-en/3001543/christian-sewing-letter-to-deutsche-bank-redundancies


Thousands of Deutsche Bank jobs likely to go in London
https://www.itv.com/news/2019-07-07/thousands-of-deutsche-bank-jobs-likely-to-go-in-london/

Comment -We have been monitoring an issues the past two years. Deutsche Bank debacle
(What brought us to address this topic at 3 am in the morning UK time, the cows Judge EJ Stiven had on the Farm pre independence, then Mr Pat Pillay father and today ex Minister Pat Pillay, his many cows today- he had aspire to be the President of that Indian ocean Seychelles Nation)

We gave some consideration to the post of the Seychelles community in Hamburg and elsewhere the lack of consideration, rather the unrewarding attitude of mankind/human, the vast many who will not appreciate this statement from us in public. The grave concern for our Seychelles Community functionality in EU in the future the next generation as against Seychelles diplomatic/bilateral workings.

Over the past 5 years Seychelles government have not done a thing to hep save Deutsche Bank from the terrible situation they have landed or save any Job. Were as we have striven to do this, that SIROP program vast many highly complicated working with the Germany economy, reunification, Privatisation - the person of Sir James Mancham knowledge and President FA Rene.

We have posted the article about President Donald Trump relation with Deutsche Bank, even he the great US president cannot save Deutsche bank from the mess and save jobs. There are those elite politicians in Germany in office and retired well aware/know what we are writing here. It is the fault of the Board of Directors of the Bank. We have also written to them. Given that we have a possibility of the current IMF Head leading the European Central bank what she knows. The so call benchmark and standard of reporting . They expect an entity like ourselves to engage, intervene and become involve then what they write in the media . That dreadful Truth Commission etc of Seychelles and those involve.

President Donald Trump has not done his home work why President Obama came to office - that SIROP program have the capacity to radically help rethink , re calibrate the big finance of the world and it has show this in several instance the PM Blair era in Office.

The crises of Deutsche Bank stams from the Britexit debacles. We have worked very many highly complex and complicated important British/London finances issues with Mayor Boris Johnson. The Seychelles government are a bunch of awful people - over the past 30 years how we have worked with the many big global finance institutions and then they use their media and take credit. The Indian Ocean is at a cross road with former President Mancham dead and President FA Rene. We gave some thought of the SDA Church conference 7/7/19 Seychelles University complex a first time what they are trying to tell the public and yet. Seychelles is reverting to a more African African approach of doing politic and business - meaning , Seychelles had a distinct , unique approach in the Indian ocean leaning more towards Mauritius approach and South Africa.

We have question the NEOM Germany view of this topic and indeed Deutsche Bank reaction. It was Mr guy Morel who help start Seychelles central Bank, the Offshore, Development Bank and SIM this is not what is written in our History. Mean while Seychelles have acquired very many highly qualify Seychellois in chartered accounting, banking offshore, Auditing, Management and yet. Whatever happen with Britexit - Britain can never for a very long time be relied upon to play the big Financial it did in the early 2000. We had hoped the last batch , Team of EU Official will come to grasp with this burning situation. My person is no longer energetic enough to enter the big foray. Rather from a British prospective near impossible to impute/intervene and contribute.

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Post  Sirop14 on Mon Jul 08, 2019 4:52 am

Public Notice: Cessation of Banking Business Activities by Deutsche Bank (Mauritius) Limited
19 July 2018
The public is hereby informed that Deutsche Bank (Mauritius) Limited is in the process of surrendering its banking licence and ceased the business of banking with effect from 29 June 2018. (Talking of Cows) The working, banking function of Deutsche Bank in Mauritius and our many issues they knew of and yet what was being reported in public - the shareholders of Deutsche Bank -
https://www.bom.mu/.../public-notice-cessation-banking...

Finances : c’est fini pour la Deutsche Bank ! -
https://www.lemauricien.com/.../finances-cest-fini-pour.../

Vistra to acquire corporate services business from Deutsche Bank -
https://www.finextra.com/.../vistra-to-acquire-corporate...

https://www.db.com/asiapac.../en/content/mauritius_4761.html


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Post  Sirop14 on Mon Jul 08, 2019 12:03 pm


Deutsche Bank staff sent home as 18,000 job cuts begin - business live

Deutsche Bank staff in London are learning how restructuring plan will affect them - some staff in Asia have already been sent home.
The Guardian
https://www.theguardian.com/business/live/2019/jul/08/deutsche-bank-staff-18000-job-cuts-restructuring-asia-london-business-live


Bankers sent home as Deutsche starts slashing jobs

Deutsche Bank has made the first of the 18,000 job cuts announced on Sunday as part of a radical reorganisation. Teams of share traders in Tokyo and other ...
BBC News
https://www.bbc.co.uk/news/business-48906466


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Post  Sirop14 on Tue Jul 09, 2019 10:32 am

Wird das gut gehen? Die Deutsche Bank startet ihren Radikalumbau womöglich zu spät
09.07.2019 | 09:13
https://boerse-express.com/news/articles/wird-das-gut-gehen-die-deutsche-bank-startet-ihren-radikalumbau-womoeglich-zu-spaet-126835

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