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GDP Numbers Reveal Momentum Underlying U.S. Economy

Consumer, business and government spending helped propel better-than-expected U.S. growth in the second quarter. 367

Google Rebuffs European Union on Antitrust Charges

Google rebuffed the European Union’s demand that it change the way it ranks online comparison-shopping services in its search results, setting up a potentially drawn-out legal battle.

Market Recovery Gains Steam

A recovery in global markets gained steam, with stocks in the U.S., Asia and Europe rising.

Austrian Police Find Up to 50 Migrants Dead

Europe’s migrant crisis took a deadly turn deep in the continent with the discovery in Austria of a truck containing up to 50 decomposing corpses.

In Depth

Jihadi Trails: Paths to Syria and Iraq

More than 20,000 foreigners from across the globe are fighting in Syria and Iraq and many come to fight with Islamic State. We chronicle the global scope of their recruitment efforts via the lives and journeys of 10 men and women who traveled to the war zone.

Ukraine Secures Debt-Relief Deal

Ukraine’s government secured a vital debt-relief deal, the country’s finance ministry said, a key step toward unlocking billions of dollars in emergency financing.

Middle East Crossroads

Afghanistan Holds Out Against Taliban, So Far

This year’s fighting season is the first where Afghan security forces have had to battle the Taliban pretty much on their own, writes Yaroslav Trofimov. So far, they are standing their ground where it matters.

Greece Closer to Formal Election Call

Greece is set to officially begin its second election campaign period of the year, after opposition parties, as expected, conceded they can’t assemble a ruling majority in parliament to replace the outgoing government of Alexis Tsipras.

Anger Over Garbage in Lebanon Blossoms into Demands for Reform

Calls for political reform, however, collide with country’s entrenched, sectarian-based political system.

NATO Chief Opens Joint Training Base in Georgia

NATO’s secretary-general opened a new joint training base in Georgia, promising the country could count on its western allies.

The Katrina Diaspora, 10 Years Later

Katrina uprooted tens of thousands of people, scattering them across 45 states, and they settled permanently in new cities such as Atlanta, Houston and San Antonio.

Militants Kill Two Senior Iraqi Army Commanders

Islamic State killed two senior Iraqi army commanders, officials and state media said, continuing the extremist group’s tactic of targeting military leaders to deplete morale among fighters.

Winners and Losers in China’s Upheaval

China’s economic slowdown is shaking multinationals that do business there, but the effect is uneven. Major infrastructure firms are hurting, while consumer-based companies are faring better.

Amazon Curtails Development of Consumer Devices

Amazon is scaling back its efforts to develop consumer devices, laying off dozens of engineers at its secretive Lab126 hardware-development center and trimming or halting other projects.

Bouygues Gains Don’t Equal French Telecoms Revival

Bouygues is expanding its customer base, but top-line growth still proves elusive.

Apple Announces Sept. 9 Event

Apple Thursday announced an invite-only event in San Francisco on Sept. 9, likely to unveil new iPhone models.

Funds Still Struggle to Set Prices Amid Computer Woes

Computer problems plagued the U.S. asset-management industry for a fourth day, causing hundreds of mutual and ETFs to miscalculate the value of fund assets.

5 Days That Taught Investors All They Need to Know

A Wall Street veteran tells us it took just five days for him to learn all he needed to know about investing. The problem is, they've happened over the past 15 years.

Heard on the Street

Standard Chartered’s Puzzling Currency Questions

Asian currencies are the new threat to the emerging markets lender.

Margin Calls Bite Investors, Banks

Loans backed by investment portfolios have become a booming business for Wall Street brokerages. Now the bill is coming due—for both the banks and their clients.

Adventure & Travel

Berlin’s Waterfront Heats Up for Travelers

The capital’s long-overlooked riverbanks are now party central, lined with hot hotels and bars—and a beach with a view of Angela Merkel.

At My Vanity

A Hair Stylist’s Secrets for Beauty, the French Way

Celebrity hairdresser Vinz, who has tended to the tresses of everyone from Kirsten Dunst to Caroline de Maigret, shares his top tips for glowing skin and ending bad hair days forever.

Music

Foals’ ‘What Went Down’ Is a Visceral Confessional

Yannis Philippakis, the lead singer whose energetic stage presence and novelistic lyrics have made Foals one of British rock’s most compelling propositions, talks about the band’s fourth album.

Eating & Drinking

Champion of Breakfasts: What’s the Winning Egg Sandwich Recipe?

Fuel for weekend road trips and a host’s salvation in the face of hungry house guests, the breakfast sandwich is hard to improve on. These recipes and tips from top chefs show how to do it right.

Video

Facebook's 'M' Takes on Siri and Google Now

3:36

Up to 50 Migrants Found Dead in Truck in Austria

0:32

Colorado Theater Killer Sentenced to Life in Jail

1:22

How a Couple Stays Afloat During Retirement

On Marty and Annette Sabba’s house barge, sunsets, seagulls and entertaining are all part of the routine.

A French Film Maverick’s California Sojourns

A new release on Criterion’s Eclipse line, “Agnès Varda in California” collects five recently restored films made during the filmmaker’s visits to the Golden State between the mid-1960s and early 1980s

WSJ Blogs

Real-time commentary and analysis from The Wall Street Journal
Die Seite Drei
Schnelle Analysen und Beobachtungen zum Zeitgeschehen

Mitarbeitermagazin für alle: Die Commerzbank wird zum offenen Buch

Transparenter wollen Großbanken heutzutage sein. Näher an den Kunden wollen sie ran. Das Vertrauen soll wieder hergestellt werden. Kulturwandel ist dabei eines der Schlagworte, das an die große Fahne gehängt und beim Branchenprimus Deutsche Bank mit Füßen getreten wurde. Im Sinne der Öffnung traut sich Deutschlands zweitgrößte Bank jetzt, die sonst immer nur hinter den Kulissen gewaschene Wäsche an der Öffentlichkeit zu trocknen: Das Mitarbeitermagazin „Commerzbanker“ kann künftig jeder lesen, der sich dafür interessiert. Eine App macht´s möglich.

In der aktuellen Ausgabe löchern Mitarbeiter Bank-Chef Martin Blessing in einer Diskussionsrunde über die im November vorgestellte Strategie. Zu wenig Details habe es gegeben und keine konkreten Zahlen zum geplanten Stellenabbau – die angesprochenen Themen sind breitgefächert. Und Blessing lässt bei seinen Antworten tief blicken.

Insbesondere das von ihm gezeichnete Bild der Filialbank der Zukunft ist stark von den neuen Realitäten geprägt, dass immer weniger Menschen die Geschäftsstellen besuchen. Deswegen müsse man flexibler werden, etwa bei den Öffnungszeiten. Hier vertritt der Bankchef die Meinung, dass die Filialen künftig mit weniger Menschen länger öffnen müssen. Die Gewerkschaften werden diese Idee vermutlich kaum mit Applaus belohnen.

Auch Umzüge der Filialen in kleinere Räumlichkeiten und Schließungen schließt Blessing nicht aus. „Ich sage ja nicht, dass wir von heute auf morgen komplett auf Onlinebanking umsteigen und alle Filialen zumachen. Aber ein Filialnetz ist etwas unglaublich starres“, sagt Blessing. Das gelte es zu flexibilisieren, damit man nicht von der Entwicklung in ein paar Jahren überrollt werde.

Am Ziel sieht sich Blessing jedenfalls beim Umbau seiner Bank noch lange nicht. Auch Rückschläge könne man dabei nicht ausschließen. „Aber wer von vornherein sagt, dass er mit Durchschnitt zufrieden ist, der wird auch nur Mittelmäßiges leisten. Das kann nicht unser Ziel sein“, wirbt Blessing für den Wandel in seinem Unternehmen.

Dass er sich einer solchen Runde mit diesem Thema stellt, ist typisch Blessing. Der Mann mit dem jungenhaften Grinsen an der Spitze der zweitgrößten Bank Deutschlands geht selten einer Diskussion aus dem Weg, bei der er versuchen kann, andere von seinen Idealen zu überzeugen.

Vor diesem Hintergrund ist es trotzdem eine mutige Entscheidung der Bank, sich bei den täglichen Problemen im Unternehmen so in die Karten gucken zu lassen. Ob die Bank damit für Außenstehende zum offenen Buch wird? Zumindest lässt sich die Öffnung der internen Kommunikation als ein weiterer Schritt in die richtige Richtung interpretieren. Und wer weiß, vielleicht steht am Ende des Weges dann der von der Deutschen Bank viel beschworene – und ziemlich holprig gestartete – Kulturwandel.


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The Wall Street Journal & Breaking News, Business, Financial and Economic News, World News and Video
Search

GDP Numbers Reveal Momentum Underlying U.S. Economy

Consumer, business and government spending helped propel better-than-expected U.S. growth in the second quarter. 367

Google Rebuffs European Union on Antitrust Charges

Google rebuffed the European Union’s demand that it change the way it ranks online comparison-shopping services in its search results, setting up a potentially drawn-out legal battle.

Market Recovery Gains Steam

A recovery in global markets gained steam, with stocks in the U.S., Asia and Europe rising.

Austrian Police Find Up to 50 Migrants Dead

Europe’s migrant crisis took a deadly turn deep in the continent with the discovery in Austria of a truck containing up to 50 decomposing corpses.

In Depth

Jihadi Trails: Paths to Syria and Iraq

More than 20,000 foreigners from across the globe are fighting in Syria and Iraq and many come to fight with Islamic State. We chronicle the global scope of their recruitment efforts via the lives and journeys of 10 men and women who traveled to the war zone.

Ukraine Secures Debt-Relief Deal

Ukraine’s government secured a vital debt-relief deal, the country’s finance ministry said, a key step toward unlocking billions of dollars in emergency financing.

Middle East Crossroads

Afghanistan Holds Out Against Taliban, So Far

This year’s fighting season is the first where Afghan security forces have had to battle the Taliban pretty much on their own, writes Yaroslav Trofimov. So far, they are standing their ground where it matters.

Greece Closer to Formal Election Call

Greece is set to officially begin its second election campaign period of the year, after opposition parties, as expected, conceded they can’t assemble a ruling majority in parliament to replace the outgoing government of Alexis Tsipras.

Anger Over Garbage in Lebanon Blossoms into Demands for Reform

Calls for political reform, however, collide with country’s entrenched, sectarian-based political system.

NATO Chief Opens Joint Training Base in Georgia

NATO’s secretary-general opened a new joint training base in Georgia, promising the country could count on its western allies.

The Katrina Diaspora, 10 Years Later

Katrina uprooted tens of thousands of people, scattering them across 45 states, and they settled permanently in new cities such as Atlanta, Houston and San Antonio.

Militants Kill Two Senior Iraqi Army Commanders

Islamic State killed two senior Iraqi army commanders, officials and state media said, continuing the extremist group’s tactic of targeting military leaders to deplete morale among fighters.

Winners and Losers in China’s Upheaval

China’s economic slowdown is shaking multinationals that do business there, but the effect is uneven. Major infrastructure firms are hurting, while consumer-based companies are faring better.

Amazon Curtails Development of Consumer Devices

Amazon is scaling back its efforts to develop consumer devices, laying off dozens of engineers at its secretive Lab126 hardware-development center and trimming or halting other projects.

Bouygues Gains Don’t Equal French Telecoms Revival

Bouygues is expanding its customer base, but top-line growth still proves elusive.

Apple Announces Sept. 9 Event

Apple Thursday announced an invite-only event in San Francisco on Sept. 9, likely to unveil new iPhone models.

Funds Still Struggle to Set Prices Amid Computer Woes

Computer problems plagued the U.S. asset-management industry for a fourth day, causing hundreds of mutual and ETFs to miscalculate the value of fund assets.

5 Days That Taught Investors All They Need to Know

A Wall Street veteran tells us it took just five days for him to learn all he needed to know about investing. The problem is, they've happened over the past 15 years.

Heard on the Street

Standard Chartered’s Puzzling Currency Questions

Asian currencies are the new threat to the emerging markets lender.

Margin Calls Bite Investors, Banks

Loans backed by investment portfolios have become a booming business for Wall Street brokerages. Now the bill is coming due—for both the banks and their clients.

Adventure & Travel

Berlin’s Waterfront Heats Up for Travelers

The capital’s long-overlooked riverbanks are now party central, lined with hot hotels and bars—and a beach with a view of Angela Merkel.

At My Vanity

A Hair Stylist’s Secrets for Beauty, the French Way

Celebrity hairdresser Vinz, who has tended to the tresses of everyone from Kirsten Dunst to Caroline de Maigret, shares his top tips for glowing skin and ending bad hair days forever.

Music

Foals’ ‘What Went Down’ Is a Visceral Confessional

Yannis Philippakis, the lead singer whose energetic stage presence and novelistic lyrics have made Foals one of British rock’s most compelling propositions, talks about the band’s fourth album.

Eating & Drinking

Champion of Breakfasts: What’s the Winning Egg Sandwich Recipe?

Fuel for weekend road trips and a host’s salvation in the face of hungry house guests, the breakfast sandwich is hard to improve on. These recipes and tips from top chefs show how to do it right.

Video

Facebook's 'M' Takes on Siri and Google Now

3:36

Up to 50 Migrants Found Dead in Truck in Austria

0:32

Colorado Theater Killer Sentenced to Life in Jail

1:22