- Cuts to be focused on central admin departments.
- Earlier in the week that co. is to revamp its faltering retail operations and pledge a rapid sell-off of unwanted assets. This comes as the bank continues to struggle to return to its pre-crisis profitability levels. Also, co. remains c. 24% owned by the German government.
- In an immediate reaction, co. shares gained 0.50% from EUR 1.54 to EUR 1.55.
Print 09:32, 07 Nov 2012 - DAX - Source: Die Zeit
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