Deutsche Bank Drastic Overhaul Set to Return Lender to Roots
- Sewing ready to end long pursuit of global trading dominance
- Revamp of staff, divisions puts German corporate clients first
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One year ahead of its 150th anniversary, Deutsche Bank AG is returning to its roots.
The era of going head to head with international banking giants in a high-risk, high-bonus game of global finance is ending as the bank goes back to what it was created for in the late 19th century: serving Germany’s big companies.