Deutsche Bank CFO: We have to ‘define and defend’ the company [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Deutsche Bank is under fire from investors following a 79 percent drop in its quarterly net profit since last year. Now more than ever is the time to take action, the bank's CFO James von Moltke told CNBC Thursday. Published 1 Hour Ago CNBC.com Photo by Hannelore Foerster Deutsche Bank headquarters Deutsche Bank is under fire from investors following a 79 percent drop in its quarterly net profit since last year. Now, more than ever, is the time to take action, the bank's chief financial officer said Thursday. We want the focus to be on stabilizing the organization, moving quickly on the decisions we've made and giving clarity to clients in terms of where we are going to continue to participate and where we'll step back, CFO James von Moltke told CNBC's Annette Weisbach in Frankfurt. The bank on Thursday announced plans to significantly reduce its workforce through the rest o
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