We don’t offer Deutsche Bank yet but this is pretty big news so I’m curious to hear people’s thoughts on this..
In an unusual move, they’ve summarised the news in a tweetstorm.
Here’s a summary of the implications for people in the UK from the BBC.
They’re also planning to halt dividend payments for the next 2 years. But they’re planning to free up 5 billion Euros to return to shareholders through share buybacks and dividends, starting in 2022.