Deutsche Bank Considers Closing U.S. Equities Trading in Revamp

Equities, rates trading outside Europe may be shrunk or closed
Bank plans shifting up to 50 billion euros to non-core unit

Bloomberg’s Sonali Basak reports on Deutsche Bank’s restructuring deliberations.(Source: Bloomberg)

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By Steven Arons

June 16, 2019 at 4:18 PM EDT

Updated on

June 17, 2019 at 11:22 AM EDT

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A little over one year since Deutsche Bank AG Chief Executive Officer Christian Sewing unveiled his first turnaround plan, his second is taking shape.

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