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 . The lender said it must be less complicated and more responsive to regulators, as it aims to recover from a series of financial and legal missteps and cut costs under pressure from stricter European and U.S. banking regulations. ... 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 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 .