FIRST AIRED: July 9, 2019

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COMING UP:Share Opener Variant 4

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Transcript

00:00:00
AZ Deutsche Bank workers clear their desks the bank's shares all taking another tumble down around four percent in morning trade Tuesday under total ten percent since the bank canal so huge restructuring on Sunday chief executive Kristin saving is on a week long road show to sell the plan it involves around eighteen thousand job cuts about one in five to which a workers tens of billions of dollars worth of assets also up for sale , shares had initially reason old news of the plan but it seems doubts soon set in most analysts say saving his rights to slash the bank's trading desks but one of the witches top twenty five shareholders told which is there %HESITATION worries about executing the plan they doubt that the lender can maintain earnings while cutting costs to which a plans to focus on corporate banking and wealth management profitable areas but also one subject to mounting competition the growing presence of US rivals and its German home markets another source of worry