Deutsche Bank went on hiring spree while failing to deliver on costs
German lender has bulked up on back-office staff who do not generate revenue
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Deutsche Bank shares drop after quarterly profit falls, cost target scrapped
Legal provisions weighed on the bottom line at Germany's largest lender Deutsche Bank, with net profit falling in the fourth quarter.
Deutsche Bank needs more than one ‘year of reckoning’
Lender’s statement highlights issues with predictability that help explain its lingering valuation discount
Deutsche Bank chief says ‘nothing is off limits’ as profits plunge
Christian Sewing has ‘firm confidence’ lender will hit returns target this year as it reviews weaker units
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