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The Frankfurter Allgemeine Zeitung newspaper reported in June 2022 that Lars Stoy, in charge of Deutsche Bank's retail banking operations nationwide, had announced this. He had declared at a conference:
“In the future, I don't want to offer cash in the branches anymore, because it leads to costs.”
Costs like empowering citizens. Can't have that.
Putting people in charge of money is a terrible idea every single time.
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