Deutsche Bank's multiple efforts to reorganise its business have "stalled" according to analysts at investment bank Keefe, Bruyette & Woods.
It said the bank was facing a poor economic environment, rising costs for funding and "disillusioned clients and employees".
"Unlike peers, Deutsche Bank does not have the luxury to fall back on large, profitable parts of its business to help offset struggles elsewhere," their report said.
The analysts said that Deutsche Bank should "further streamline international operations and reduce product lines".
Instead, they recommended that the bank should put money into "more profitable areas", including foreign exchange and debt products and global transaction banking.
https://www.bbc.com/news/live/business-47991361
2019-04-25 10:17:13Z
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