German multinational investment giant Deutsche Bank‘s stock plunged nearly 6 percent today after news emerged of a dramatic cost-cutting drive that could eliminate 18,000 jobs. Deutsche Bank Stock Slides Nearly 6% On Sunday, the bank announced its exit from the equities sales and trading business, revealing that it plans to overhaul its operations and return […]
The post Deutsche Bank’s Radical Pivot Ignites Stock Implosion appeared first on CCN Markets
* First published on ccn.com
