The fact is that Deutsche Bank has few real strengths and no clear competitive advantage in any division. Radical new vision or no, I can’t see a future for it as an independent business. And there is no possibility of private sector rescue, nor of public sector aid. Management has simply delayed the inevitable, yet again. Eventually, Deutsche Bank will break itself up.
Odd, not much happens to the Big 4 accounting firms in Europe. Read here
When assessing public infrastructure investment “commercial yield” should not come into it. Read here
“There is a rising consensus amongst numerous Leftists that identity politics and wokeness are symbols of division rather than unit.” Read here