UPDATE 1-Deutsche Bank to set up 50 bln euro bad bank -FT
Deutsche Bank is planning to
overhaul its trading operations by creating a “bad bank” to hold
tens of billions of euros of assets and shrinking or shutting
its U.S. equity and trading businesses, the Financial Times
reported on Sunday.
overhaul its trading operations by creating a “bad bank” to hold
tens of billions of euros of assets and shrinking or shutting
its U.S. equity and trading businesses, the Financial Times
reported on Sunday.
Posted by Reuters
