Deutsche Bank Demands Investor Patience With Dividend Suspension
A Deutsche Bank AG logo stands inside the company's offices in Berlin, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Deutsche Bank AG is putting investor loyalty to the test with a sweeping overhaul that will mean no dividends and billions of euros in charges over the next two years.
The bank plans to emerge as a more agile, focused version of itself by shuttering equities trading and concentrating on being a resource for German corporations. But to get there, its going to have to take about 7.4 billion euros ($8.3 billion) in charges and post net losses for the second quarter.