Associate Partner

    NIFTY 50

Deutsche Bank beats estimates, accelerates restructuring

Updated : July 25, 2018 12:36 PM IST

Still, the profit figure beat analyst estimates of 209 million euros and the Frankfurt-based bank said it was making quicker progress in cutting costs and reshaping its business model after three straight calendar years of losses.
In particular, the number of employees fell by 1,700 to 95,400, and management confirmed its target of fewer than 93,000 employees by year end and "well below" 90,000 by the end of 2019.
Deutsche Bank beats estimates, accelerates restructuring
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV