Deutsche Bank wants to cut 3,500 jobs after declining profits. Board is now planning further savings and wants to cuts 3,000 jobs.
CEO Christian Sewing draws a positive conclusion from the past financial year. Group's income rose by six percent to around 28.9 billion euros. By 2025, they are expected to grow to around 32 billion, which is more than previously planned. Shareholders should benefit from the positive development: the dividend is to be increased from 30 cents to 45 cents per share.