Market share for both trading and investment banking has already been shifting towards US banks over the past few years, Credit Suisse says.
Deutsche Bank announced an $8.3 billion restructuring plan over the weekend. The restructuring will ultimately boost US banks, analysts from Credit Suisse wrote in a note Monday. US banks have already been stealing market share from European banks over the past several years. Read more on Markets Insider. Banks in the US stand to gain after the announcement that Germany-based Deutsche Bank will undergo a major restructuring that will cost $8.3 billion and result in 18,000 job cuts by 2022.
Deutsche Bank announced an $8.3 billion restructuring plan over the weekend. The restructuring will ultimately boost US banks, analysts from Credit Suisse wrote in a note Monday. US banks have already been stealing market share from European banks over the past several years. Read more on Markets Insider. Banks in the US stand to gain after the announcement that Germany-based Deutsche Bank will undergo a major restructuring that will cost $8.3 billion and result in 18,000 job cuts by 2022.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Factbox: Deutsche Bank takes an axe to investment bankDeutsche Bank said on Sunday that it would make major cutbacks to its investment...
Leer más »
Stocks are sliding as a stellar jobs report has tempered hopes for a cut to interest rates this monthStrong US employment data dashed investors' hopes the central bank will cut rates this month.
Leer más »
Meghan Markle Low-Key Added Some Diamonds to Her Engagement RingMeghan Markle Made a Major Change to Her Engagement Ring
Leer más »