Deutsche Bank CEO Deems Asset Management 'Essential'

The transcript discusses the current situation at a bank, focusing on merger and asset sale rumors, the attractiveness of asset management post-financial crisis, and the pressure to take action. It highlights efforts to improve employee morale through communication and outlines digital initiatives aimed at innovation and streamlining operations.

What is the main challenge the company is facing in terms of asset management?

• Expanding into new markets

• Reducing the number of operating systems

• Increasing the number of employees

• Deciding whether to sell profitable units

What is one of the reasons asset management has become more attractive after the financial crisis?

• It involves more employees

• It requires more capital

• It has less volatility compared to trading

• It is easier to sell

How is the CEO attempting to improve employee morale?

• Through regular communication and updates

• By offering salary increases

• Through mandatory training sessions

• By reducing working hours

What is the purpose of the company's digital hub in Dublin?

• To manage financial crises

• To foster innovation and streamline operations

• To expand into new markets

• To increase the number of employees

What is the company's strategy to adapt to market pressures?

• Expanding into new geographical markets

• Increasing the number of employees

• Focusing solely on asset management

• Becoming more like tech companies