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Time to tweak Strategy 2020 – JP Morgan tells Deutsche Bank

Analysts argue for partial IPO of Deutsche Asset Management to generate capital

Deutsche Bank's Frankfurt HQ
Deutsche Bank's Frankfurt HQ Photo: iStockPhoto

It's time for Deutsche Bank to rethink parts of Strategy 2020 - the ambitious restructuring plan that has seen thousands of staff leave since 2015 - according to bank analysts at JP Morgan.

Strategy 2020 was unveiled in April 2015 by Deutsche's then co-chief executives Anshu Jain and Jurgen Fitschen in a bid to reduce the complexities of its business, cut costs and increase profitability.

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