Download or read book Deutsche Bank and Its Strategy Change written by Reinhard H. Schmidt and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In early July 2019, Christian Sewing, the CEO of Deutsche Bank, proclaimed a fundamental shift of the bank's strategy after finally obtaining the approval of the Supervisory Board, which the management seems to have requested for quite some time. The essential point of the reorientation is a deep cut into the bank's investment banking activities. At the same time, those parts of the bank's activity portfolio that had been the mainstay of Deutsche Bank's business 20 to 25 years ago, in particular lending to large and mid-sized German and European corporate clients, shall be strengthened in spite of a simultaneous reduction of the bank's staff by 18,000 FTEs over the next three years. The bank's CEO, who has only been in office since about one year, was reported to have called this shift of strategy a "return to the roots of Deutsche Bank" at the press conference at which it was announced, without, however, making it clear to which roots he was referring: those of some 40 years ago, when Deutsche Bank was essentially a Germany-focused commercial bank, or even those from the late 19th century, when the bank had been founded with the mission to become an international bank with a strong capital market-orientation. In any event, the press was impressed and keeps repeating these words, that deserve to be taken seriously and irrespective of their vagueness may be justified. If it were successfully implemented, this change of strategy would indeed be fundamental and imply undoing what Deutsche Bank's former management teams had aspired to do in the last 20 or 25 years. The newly announced strategy shift raises two questions. Can it be successful, and what does it mean for the bank itself and its shareholders, for its staff and for its clients? And what does it imply for the German financial system? This note focuses on the latter question. What makes it interesting is the fact that the last fundamental change of Deutsche Bank's strategy of two decades ago, which aimed at transforming Deutsche Bank from a Germany-centered commercial bank into a leading international investment bank, had a profound − and in my view clearly negative - effect on the entire German financial system.
Download or read book Strategic Analysis written by Peter Rudolph and published by GRIN Verlag. This book was released on 2007-10 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2005 in the subject Business economics - Business Management, Corporate Governance, grade: 84% = 0,5, University of Glamorgan, 41 entries in the bibliography, language: English, abstract: This paper defines the external environment Deutsche Bank AG. According to Farnham, (1999) the PESTEL analysis and Porter's (1980) five forces model provide a useful start for analysing the external environment and providing a crucial set of inputs for strategic development and implementation. Building up on the information gathered it will be discussed what key challenges the organisation is facing, the significance of these challenges and how they might be overcome. The world today is changing faster than ever before. Technological developments, financial constraints, expanding markets, restructuring and mergers, new philosophies and government legislation are all putting pressure on organisations to change and stay dynamic (Davenport et al,1990; Aijo et al, 1996). It is said that if organisations do not pay attention to environmental changes, they may not survive at all (Fahey et al, 1986). This paper defines the external environment Deutsche Bank AG is facing in its German retail branch unit. According to Farnham, (1999) the PESTEL analysis and Porter's (1980) five forces model provide a useful start for analysing the external environment and providing a crucial set of inputs for strategic development and implementation. Building up on the information gathered it will be discussed what key challenges the organisation is facing, the significance of these challenges and how they might be overcome. Finally, strategic implications on are suggested.
Download or read book Report on the International Strategy of Deutsche Bank Group written by Artur Gleyberman and published by GRIN Verlag. This book was released on 2010-03 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2009 in the subject Business economics - Investment and Finance, grade: 55%, Nottingham Trent University, language: English, abstract: This report critically evaluates Deutsche Banks' (DB) international strategy and business environment, concentrating on DB's universal bank strategy inside the European region. DB's international business environment is analysed through the application of PEST Analysis and Porters 5 Forces frameworks. Analysis of DB's international strategy includes evaluation of DB's strategic positioning and orientation, entry strategy and finally measuring strategic performance. The latter is achieved by applying the Balance Scorecard Concept together with the features of SWOT Analysis, finally resulting in several recommendations for improvement of DB's international operations. The applied business theories and concepts are critically examined in the course of their adoption. The major finding of the report is that although the highly competitive industrial environment and global financial crisis, DB's strategic management has: achieved good results in positioning DB as a leader in universal banking in Europe as well as around the world; low efficiency and low profitability relative to its main competitors; suffered high share value losses due to the financial crisis as well as its own failures in risk management, but remained stable and credible backed by its strong global franchise. Given that, DB has a strong potential to learn from the crisis, improve its former failures and come out stronger from this crisis.
Download or read book Banking in Crisis written by Dr. oec. Fabian Brunner and published by tredition. This book was released on 2020-07-06 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the foreseeable future, banks as we now know them will cease to exist. In view of the increasingly digital banking business, the pressure on costs and the reduction in vertical integration, the banking industry in the future will be characterized by technologization and specialization and threatened by the influence and capabilities of the BigTechs. There will need to be drastic changes in the competitive situation, the value creation structures and business models of the banking industry; despite the protection provided by banking supervisors and governance regulations, the core functions of banking - the handling of payment transactions and financing - are no longer the unique key functions that have made the banking industry indispensable within an economy to date. The perfect storm seems to be brewing; as Bill Gates already said in 1994 "banking is necessary, banks are not". Banks around the world are striving to find an adequate response. This book starts by providing a well-founded theoretical basis and then analyses the situation, identifies the present shortcomings and problem areas of the banks and outlines possible approaches to solutions.
Download or read book Dark Towers written by David Enrich and published by HarperCollins. This book was released on 2020-02-18 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 WALL STREET JOURNAL BESTSELLER * NEW YORK TIMES BESTSELLER New York Times finance editor David Enrich's explosive exposé of the most scandalous bank in the world, revealing its shadowy ties to Donald Trump, Putin's Russia, and Nazi Germany “A jaw-dropping financial thriller” —Philadelphia Inquirer On a rainy Sunday in 2014, a senior executive at Deutsche Bank was found hanging in his London apartment. Bill Broeksmit had helped build the 150-year-old financial institution into a global colossus, and his sudden death was a mystery, made more so by the bank’s efforts to deter investigation. Broeksmit, it turned out, was a man who knew too much. In Dark Towers, award-winning journalist David Enrich reveals the truth about Deutsche Bank and its epic path of devastation. Tracing the bank’s history back to its propping up of a default-prone American developer in the 1880s, helping the Nazis build Auschwitz, and wooing Eastern Bloc authoritarians, he shows how in the 1990s, via a succession of hard-charging executives, Deutsche made a fateful decision to pursue Wall Street riches, often at the expense of ethics and the law. Soon, the bank was manipulating markets, violating international sanctions to aid terrorist regimes, scamming investors, defrauding regulators, and laundering money for Russian oligarchs. Ever desperate for an American foothold, Deutsche also started doing business with a self-promoting real estate magnate nearly every other bank in the world deemed too dangerous to touch: Donald Trump. Over the next twenty years, Deutsche executives loaned billions to Trump, the Kushner family, and an array of scandal-tarred clients, including convicted sex offender Jeffrey Epstein. Dark Towers is the never-before-told saga of how Deutsche Bank became the global face of financial recklessness and criminality—the corporate equivalent of a weapon of mass destruction. It is also the story of a man who was consumed by fear of what he’d seen at the bank—and his son’s obsessive search for the secrets he kept.
Download or read book Strategic Changes for Business Models in the German Retail Banking Industry in the Post Financial Crisis Era written by Tobias Pommerening and published by GRIN Verlag. This book was released on 2010-10-15 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2010 in the subject Business economics - General, grade: 2.0, Baden-Wuerttemberg Cooperative State University (DHBW), language: English, abstract: The Great Recession, as the global financial meltdown has come to be called, has had devastating effects on the global economic landscape - particularly on the banking industry. While the big, multinational investment banks that were at the heart of this crisis were hit most severely, with players such as Lehman Brothers Inc. among others disappearing from the financial landscape, retail banks – institutions primarily engaged in the standard banking business with private customers – also suffered considerably from the global collapse of financial markets.1 Unlike their multinational counterparts, however, retail banks cannot rely on profitable mergers and acquisition activities or proprietary trading to boost income once the economy picks up again. While the challenges created by the Great Recession for retail banks are complex, they are not the only threat to longrun profitability. In many markets – especially in the mature western European ones, other dark clouds appear on the horizon. To name only a few, plummeting sales, narrowing profit margins, consumers’ lack of confidence in the banking system and operational cost problems threaten retail banks in mature markets such as Germany.2 Postbank, a major German retail bank with a strong domestic customer base is one of the players that have to make strategic adjustments to cope with a changing economic landscape. But what will these strategic adjustments be – and in which priority do they need to be undertaken? Although literature on the financial crisis and expected changes in banking industry is paramount, so far little attention has been given to showing how strategy in the retail banking segment in the distinct geographic location of Germany will have to look like for a specific player in the post financial crisis era.
Download or read book Critical Analysis and Evaluation of Strategies Adopted by World Class Financial Institutions 2006 written by Nicole Burkardt and published by GRIN Verlag. This book was released on 2010-08 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2007 in the subject Business economics - Operations Research, grade: A (73%), University of Sunderland, language: English, abstract: The world today is changing faster than ever before. Technological developments, financial constraints, expanding markets, mergers and acquisitions, new government legislation are all putting pressure on organisations to change and stay dynamic (Davenport and Short, 1990; Aijo et al., 1996). It is argued that organisations have to pay attention to environmental changes in order to survive in the market (Fahey and Narayanan, 1986). Especially the financial sector is driven by two key environmental features; global deregulation of the sector and global decline in cost and technological changes such as the use of electronic media for service provisions and greater use of the Internet for banking transactions (Grosse, 2004). Corporate Strategy is the cornerstone of the success or failure of a company. It gives direction to corporate values, goals, mission and culture. This paper defines the core competencies and dynamic capabilities of four of the leading financial institutions (for a company brief refer to Appendix A, SWOT analysis Appendix B) as well as the importance of corporate governance. Furthermore based on the information gathered it will be discussed what key challenges Citibank and Deutsche Bank are facing, the significance of these challenges and how they might be overcome. Finally, strategic implementations are suggested.
Download or read book The Downfall of Deutsche Bank Symbol of the Decline of the Monetary System written by Rafael D. Kasischke and published by BoD – Books on Demand. This book was released on 2020-01-14 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: MONEY is the blood of our economy. If the blood is dirty, our body gets sick. The same applies to the economy: If the money is dirty, the economy gets sick. Money's dirty because we don't handle it well. Too much dirt sticks to the money. We, humans, are too outward-looking and not inward-looking. Everything revolves around MONEY. It is time for a new monetary system to come into the world and with it a new attitude towards money. It is time for us to appreciate money and ourselves, i.e. to learn and understand the INNER VALUE of us humans and of money. Rafael Kasischke describes in this book the decline of our current monetary system and the rise of the new one. Using the downfall of Deutsche Bank as an example, he traces the change from our current rat race – the race for money – to a new path of joy, health, and the meaning of life. The result will be a new and fairer distribution of money among the world population.
Download or read book The Downfall of Deutsche Bank Symbol of the Decline of the Monetary System written by Rafael D. Kasischke and published by BoD – Books on Demand. This book was released on 2020-01-06 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: MONEY is the blood of our economy. If the blood is dirty, our body gets sick. The same applies to the economy: If the money is dirty, the economy gets sick. Money's dirty because we don't handle it well. Too much dirt sticks to the money. We, humans, are too outward-looking and not inward-looking. Everything revolves around MONEY. It is time for a new monetary system to come into the world and with it a new attitude towards money. It is time for us to appreciate money and ourselves, i.e. to learn and understand the INNER VALUE of us humans and of money. Rafael Kasischke describes in this book the decline of our current monetary system and the rise of the new one. Using the downfall of Deutsche Bank as an example, he traces the change from our current rat race - the race for money - to a new path of joy, health, and the meaning of life. The result will be a new and fairer distribution of money among the world population.
Download or read book Deutsche Bank The Global Hausbank 1870 2020 written by Werner Plumpe and published by Bloomsbury Publishing. This book was released on 2020-03-05 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive history of one of the major players in the world of international finance. Over the course of its 150-year history, Deutsche Bank has established itself as a major player in the world of international finance, but has also been confronted by numerous challenges that have changed the face of Europe – from two world wars, to the rise and subsequent fall of communism. In this major work on the bank's history, Werner Plumpe, Alexander Nützenadel and Catherine R. Schenk deliver a vibrant account of the measures the bank undertook in order to address the profound upheavals of the period, as well as the diverse and unusual demands it had to face. These included the First World War, which brought the world's first period of globalization to a sudden and dramatic end, but also the development of the predominantly national framework within which the bank had to operate from 1914 until the fall of the Berlin Wall in 1989. More recently, the focus has shifted back to European and global activities, with Deutsche Bank forging new paths into the Anglo-American capital markets business – so opening another extraordinary chapter for the bank.
Download or read book Report on the International Strategy of Deutsche Bank Group written by Artur Gleyberman and published by GRIN Verlag. This book was released on 2010-02-22 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2009 in the subject Business economics - Investment and Finance, grade: 55%, Nottingham Trent University, language: English, abstract: This report critically evaluates Deutsche Banks’ (DB) international strategy and business environment, concentrating on DB’s universal bank strategy inside the European region. DB’s international business environment is analysed through the application of PEST Analysis and Porters 5 Forces frameworks. Analysis of DB’s international strategy includes evaluation of DB’s strategic positioning and orientation, entry strategy and finally measuring strategic performance. The latter is achieved by applying the Balance Scorecard Concept together with the features of SWOT Analysis, finally resulting in several recommendations for improvement of DB’s international operations. The applied business theories and concepts are critically examined in the course of their adoption. The major finding of the report is that although the highly competitive industrial environment and global financial crisis, DB’s strategic management has: achieved good results in positioning DB as a leader in universal banking in Europe as well as around the world; low efficiency and low profitability relative to its main competitors; suffered high share value losses due to the financial crisis as well as its own failures in risk management, but remained stable and credible backed by its strong global franchise. Given that, DB has a strong potential to learn from the crisis, improve its former failures and come out stronger from this crisis.
Download or read book Online based service strategy written by Hanno Fitte and published by GRIN Verlag. This book was released on 2012-09-27 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, University of applied sciences Frankfurt a. M., language: English, abstract: The following assignment gives an overview on internet based service strategies and specifies them with the example of the Deutsche Bank ́s product db OnlineBanking. The assignment is structured by defining some general aspects concerning strategy, elements of strategy and a short summary of the main changes in strategy. Afterwards, it gives a detailed view on the three main concepts of internet based service strategies followed by the example of Deutsche Bank ́s homepage and its product db OnlineBanking. The example discusses how Deutsche Bank implements these service strategies as a concrete configuration in its daily business. The last paragraph analyses the reason of providing online based services, advantages and disadvantages for both Deutsche Bank and its clients.
Download or read book Business Model Renewal written by Christine Chlapowski and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The activity system perspective on business models describes organizations as a set of interdependent elements. In an attempt to explain the role of these interdependencies in strategic renewal, Albert, Kreutzer & Lechner, propose a theory, which conceptualizes interdependency as a multidimensional concept. Based on this theory, an inductive case study of Deutsche Bank was created, which aims at determining how business models evolve and change over time. Hence this thesis illustrates on a practical case the role of interdependencies in the adaptation process to changing environmental conditions. The analysis conducted on Deutsche Bank covers the period of time between 1996 and 2010 and includes qualitative and quantitative elements. The results illustrate when and under which conditions Deutsche Bank experienced radical and incremental change. Based on the results of the case study, patterns of how interdependency dimensions influence strategic renewal are formulated.
Download or read book Management of Permanent Change written by Horst Albach and published by Springer. This book was released on 2014-12-09 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the current times of more frequent crises and ever shortening innovation cycles, the management of change has become a crucial task of survival. While it is not a new topic in business research, the developments of the last decade have posed many new challenges for the change management of firms and organizations and have thus also raised many new questions for academic research in business administration, which the present book turns to deepen. Its particular focus is on disruptive change including its driving forces as well as effective and sustainable management. This publication constitutes a collection of articles that discuss change and innovation processes across different sectors of the economy (industry, banking, and retail), the role of leadership and corporate governance for the effectiveness and sustainability of organizational change.
Download or read book British and German Banking Strategies written by S. Janssen and published by Springer. This book was released on 2009-04-28 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author investigates the strategies of eight publicly listed banks in Britain and Germany in the context of European financial integration. Evidence is provided that banks with defensive strategies fared better than those which attempted to break out of a coherent financial system in order to embrace new business opportunities
Download or read book Leading Organizational Development and Change written by Riann Singh and published by Springer Nature. This book was released on 2020-07-08 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook covers the fundamentals of organizational development and change (ODC) theory while offering a comprehensive, structured, and systematic approach to guide change management strategies at the organization level. It provides an in-depth understanding of and the tools necessary for designing, diagnosing, implementing and evaluating organizational change interventions. Students will be exposed to case studies in ODC from selected international and Caribbean/Latin American organizations, demonstrating ODC in practice across a broad geographical context. This textbook, the first to offer a macro-level perspective of ODC, provides students with the tools needed to be successful in implementing change into today's organizations.
Download or read book The German Financial System written by Jan Pieter Krahmen (editor) and published by . This book was released on 2004 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by a team of scholars, predominantly from the Centre for Financial Studies in Frankfurt, this volume provides a descriptive survey of the present state of the German financial system and a new analytical framework to explain its workings.
