Yushin Bank: Germany's Commercial Banks are Ill-Prepared to Face Challenges
In a statement, Yu Xin Bank said that, in addition to existing momentum development strategies, Deutsche Bank still has significant valuation upside potential and risk mitigation potential, which can further create value. As a major shareholder, Yu Xin Bank believes that Deutsche Bank is unprepared for future challenges and excessively focused on short-term performance. Yu Xin Bank suggests that Deutsche Bank should adjust its positioning to adapt to future development, accelerate revenue growth, and focus on business investment and digital transformation. The bank revealed that CEO Andrea Orcel will hold a conference call at 9:00 am Central European Time on April 20th.
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