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Deutsche Bank Posts $924M Loss As Restructuring Continues

PYMNTS

Germany’s Deutsche Bank reported a net loss below market expectations amid a restructuring plan that includes about 18,000 layoffs, The Wall Street Journal (WSJ) reported Wednesday (Oct. The restructuring has Deutsche Bank leaving equities trading along with other operations that aren’t profitable. in the coming months.

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Strategically Assessing Platforms for Successful M&A Growth

E78 Partners

During these periods of concentrated growth, organizations must assess their company’s “platform infrastructure” to identify scalability gaps that could negatively impact critical business processes, customer relationships, and which could also overwhelm valuable employees. This can be easily done via a 3-step assessment exercise.

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Setting Your B2B Sales Strategy in a Downturn

CFO News Room

Sellers need to avoid a spread-the-peanut-butter approach and instead concentrate resources on the most promising opportunities. Through cuts, restructuring, and resource reallocation, Google seeks to become “20% more efficient.”.

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Deutsche Bank Backs Idea For Stronger Banking Union

PYMNTS

The news comes as the bank reported a net loss below market expectations amid a restructuring plan that includes about 18,000 layoffs. The restructuring has Deutsche Bank leaving equities trading along with other operations that aren’t profitable. This is the second quarterly loss for Deutsche Bank, which triggered a 7.9

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Restructuring Compensation And Roles To Align For Growth

CFO News Room

Michael Kitces is Head of Planning Strategy at Buckingham Strategic Wealth , a turnkey wealth management services provider supporting thousands of independent financial advisors. In 2010, Michael was recognized with one of the FPA’s “Heart of Financial Planning” awards for his dedication and work in advancing the profession.

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CFO Leadership Council Highlights Our First 10 DEI Ascend Honorees

CFO Leadership

Prior to joining the AHA, Christina was vice president of finance for the Federal Reserve Bank of Chicago where she led the financial planning and analysis functions for the Chicago Fed and collaborated on projects with leaders across the Federal Reserve System.

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APAC capital markets during the COVID-19 crisis

Future CFO

We expect Credit and Political Risk Insurance (CPRI) to play an important and increasing role in supporting lenders in mitigating risk, overcoming concentration issues and improving capital adequacy. Most were implementing their 2020 business plans which were carefully crafted in 2019 with full assumptions and what-ifs & whatnots.