DB are in serious trouble mainly as they are stuck with trillions of bad debt so every single cost cutting measure that can be used is & that means IT mainly. German government & EU are clearly propping them up to avoid a massive financial collapse as no-one knows how it would affect the financial markets due to the interconnected debt (most likely it would cause a major collapse as several other banks would take massive losses). Walk on any trade floor in London & mention their name you will usually get similar feedback as its been an open secret for many years now. They are quite literally treading water operating as a zombie company as there is little hope they can ever escape the massive debt they are saddled with caused by their $47 Trillion in toxic derivatives!
https://www.wsj.com/articles/does-de...lem-1475689629
https://www.reuters.com/article/us-d...-idUSKBN14C14J
Deutsche Bank: 5 Things You Should Know | Fortune
So after reading all of that if anyone wants to really work there be prepared for low pay, long hours, frustrating days (due to poor IT investment & general business investment as they have no money for anything). I turned them down several times as I knew it would not be worth a punt as work life balance is also poor. If they paid well it would be a different matter but their contractor salaries are pretty weak compared to others.
https://www.wsj.com/articles/does-de...lem-1475689629
https://www.reuters.com/article/us-d...-idUSKBN14C14J
Deutsche Bank: 5 Things You Should Know | Fortune
So after reading all of that if anyone wants to really work there be prepared for low pay, long hours, frustrating days (due to poor IT investment & general business investment as they have no money for anything). I turned them down several times as I knew it would not be worth a punt as work life balance is also poor. If they paid well it would be a different matter but their contractor salaries are pretty weak compared to others.
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