Deutsche Bank CEO Weighs Senior Shakeup

Deutsche Bank has faced prolonged difficulties, prompting CEO Christian Sewing to initiate a major overhaul. This includes creating a non-core unit, reducing trading, and replacing top management to avoid a capital increase. The overhaul is crucial due to the failed merger talks with Commerzbank, leaving limited options for the bank.

What are some of the changes that the CEO plans to implement?

Why does the text suggest that the overhaul needs to happen now?