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Deutsche Bank weighing cuts at securities unit

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Deutsche Bank shares have dropped 24 per cent this year, more than all but eight lenders in the 49-member Stoxx Europe 600 Banks Index, which has slipped 3.4 per cent.

Frankfurt

DEUTSCHE Bank AG, which runs Europe's largest investment bank, is poised to trim additional businesses at its securities unit to boost returns after scaling back in credit derivatives.

"We're finding areas that don't make market or economic sense and redeploying resources

sentifi.com

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