JBAXY - Deutsche Bank Needs A New Strategy
Deutsche Bank (DB) continues to report very weak results and a strategy overhaul seems necessary to change this trend. Until its management recognizes this, I think an operational turnaround is unlikely and Deutsche Bank’s shares are a value trap.
Operational Background
As I’ve analyzed in the past, Deutsche Bank’s operational performance has been quite weak over the past few years as the bank has been affected by several issues, including litigation costs, weak capital markets and reputational damage from past misconduct.
Additionally, the bank’s strategy has been focused for too long on