Deutsche Bank may announce changes in its investment banking unit: Report


Deutsche Bank AG may announce changes in the strategy of its investment banking unit on Thursday along with quarterly earnings, a German newspaper reported on Tuesday. The bank is considering cuts in the investment banking unit, but no decision is final, Handelsblatt newspaper reported.

A spokesman for Deutsche Bank declined to comment. The bank is considering cuts to equities trading, known as cash equities, and the prime brokerage, which serves hedge funds, the paper said. Cuts to trading of US municipal bonds and parts of.....

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