Late to the parting: Deutsche Bank shrinks
For years, management at Germany’s largest bank knew the firm was in serious trouble. Why didn’t they do more? The massive cuts announced this week may be too little, too late. We consider Texas and California as political and social laboratories: whic...
July 9, 2019
22 min
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118 of 2,031
July 9, 2019
Late to the parting: Deutsche Bank shrinks
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The Economist Episodes Around July 9, 2019
Episode 118 of 2,031 — walk the feed in the order it was published.
22:23This episodeLate to the parting: Deutsche Bank shrinks
Summary
For years, management at Germany’s largest bank knew the firm was in serious trouble. Why didn’t they do more? The massive cuts announced this week may be too little, too late. We consider Texas and California as political and social laboratories: which one looks like the America of the future? And, a bit of monkey archaeology shows our distant cousins have been honing their tools far longer than previously thought.<hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>
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