Deutsche Bank has announced a radical restructuring of the bank , as part of its strategy to restore its reputation and profitability . The bank is to be split , with the sales and trading activities becoming part of a new division , called global markets , along with several senior bankers departing . Postbank , and other businesses , will be sold , thereby reducing the bank 's workforce by almost 98,000 . Deutsche Bank is due to publish its 3Q 2015 report on 29th October ; however , it had already warned earlier this month that it will post a net loss of £ 4.5bn for that period , due to regulatory and legal issues , which may force it to cut the capital . A full description of the new restructuring plan can be found at the linked webpage .
Deutsche Bank has announced a radical restructuring of the bank, as part of its strategy to restore its reputation and profitability. The bank is to be split, with the sales and trading activities becoming part of a new division, called global markets, along with several senior bankers departing. Postbank, and other businesses, will be sold, thereby cutting the bank's workforce by almost 98,000. Deutsche Bank is due to publish its 3Q 2015 results on 29th October; however, it had already warned earlier this month that it will post a net loss of £4.5bn for that period, due to writedowns and legal costs, which may force it to cut the dividend. A full account of the new restructuring plan can be found at the linked webpage.