{"id":72745,"date":"2020-01-29T01:27:34","date_gmt":"2020-01-29T06:27:34","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=72745"},"modified":"2020-01-31T00:18:41","modified_gmt":"2020-01-31T05:18:41","slug":"deutsche-bank-posts-a-5-8-billion-net-loss-for-2019","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2020\/deutsche-bank-posts-a-5-8-billion-net-loss-for-2019.html","title":{"rendered":"Deutsche Bank posts a $5.8 billion net loss for 2019"},"content":{"rendered":"<p>(CNBC) Deutsche Bank on Thursday posted a full-year net loss of 5.3 billion euros ($5.8 billion) amid a huge transformation project, the cost of which the German lender said is now 70% complete. The German lender announced in July that it would pull out of its global equities sales and trading operations, scale back its investment banking division and cut 18,000 jobs in a bid to trim its adjusted cost base by 20% by 2022.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/01\/30\/deutsche-bank-earnings-q4-2019.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Deutsche Bank on Thursday posted a full-year net loss of 5.3 billion euros ($5.8 billion) amid a huge transformation project, the cost of which the German lender said is now 70% complete. The German lender announced in July that [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-72745","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/72745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=72745"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/72745\/revisions"}],"predecessor-version":[{"id":72746,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/72745\/revisions\/72746"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=72745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=72745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=72745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}