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Deutsche Bank finalises Equities business review

Safi Bello

Deutsche Bank press release ------ Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) will significantly reshape its Equities Sales & Trading business. Overall, the bank aims to reduce headcount in this area by approximately 25%. In Cash Equities, it will concentrate on electronic solutions and its most significant clients globally. In Prime Finance, the bank will reduce leverage exposure by a quarter, equivalent to a reduction of approximately €50 billion. These business reductions will contribute to a decrease in leverage exposure in the Corporate & Investment Bank of over €100 billion. This is approximately 10% of the €1,050 billion euros of leverage exposure reported at the end of the first quarter of 2018. The majority of this reduction is expected to be achieved by the end of this year. To learn more click on the picture below to read the release.

Deutsche Bank finalises Equities business review - Read More from Deutsche Bank

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