Major player: Deutsche Bank headquarters in Frankfurt. The group ranks between seventh and ninth among investment banks in revenue from the cash equities business. — Bloomberg
FRANKFURT: Deutsche Bank AG is considering extensive cuts to its cash equities business in the US as part of a wider restructuring of its investment bank, according to people familiar with the matter.
A decision could come as early as this week and may be communicated as part of a larger package of changes to the German lender’s securities unit, said the people, asking not to be identified because the details are confidential.
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