Forbes -
28 Apr 2015 19:38

Deutsche Bank announced sweeping organization-wide changes aimed at cutting costs, improving profitability and ensuring a sustainable business model - putting an end to months of speculation about the future of the German bank. The bank has been under pressure from investors over recent years for its notably poor performance compared to peers in terms of profitability and returns, even as it remains embroiled in a long list of high-profile lawsuits and regulatory probes.
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