Deutsche Bank Eyes Germany for About Half of 18,000 Job Cuts

The video discusses Deutsche Bank's plan to cut 18,000 jobs, focusing on its German workforce due to negative interest rates and a large retail task force. The bank's lack of clarity on job cut locations is noted, alongside union and government involvement. Strategic measures for profitability, including a potential merger with Commerzbank, are explored. The broader European banking context, including HSBC's focus on China and cuts in London, is also covered.

What measures are suggested to ensure Deutsche Bank remains profitable?

How does the situation of Deutsche Bank compare to other banks in Europe?