A Large Chunk Of Deutsche Bank Employees Are Embarrassed To List "Deutsche Bank" On Their Résumé: Deutsche Bank

Here are some things that have happened to/at Deutsche Bank over the last number of months:

• It failed its stress test
• UK regulators ballparked the number of DB employees involved in LIBOR rigging at twenty-nine (29!)
• The whole Brexit thing, which resulted in a memo by CEO John Cryan that began, "I'm afraid"
• The nixing of chauffeured Mercedes S-class sedans for executives
• A letter from the FCA taking the bank to task for "serious lapses in efforts to thwart money laundering"
• Terrible, no good, very bad bonuses
• A weird little moment in which Cryan publicly fantasized about running Wells Fargo instead of DB
• Layoffs, lots of layoffs

So it reeeeallly didn't need to head into the weekend with this sad little revelation.

Deutsche Bank AG said a survey of staff found fewer of the German bank’s employees feel committed to the lender than they were a year earlier, with less than half saying they are proud to work at the firm. “The results paint a sobering picture of the mood inside our bank,” Chief Executive Officer John Cryan and Karl von Rohr, chief administrative officer, said in a memo to staff posted to the company’s website Friday. “The ongoing transformation of our businesses, and the resulting job cuts, are causing a lot of concern and uncertainty.”

Deutsche Bank Survey Finds Most Staff Aren’t Proud to Work There [Bloomberg]