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Deutsche Bank's securities unit reports Q4 loss on revenue slump

Mr Cryan is shrinking the debt trading empire to boost profitability. But his efforts have been hurt by litigation expenses and fines.


DEUTSCHE Bank's securities unit posted a loss in the fourth quarter with each of the businesses reporting a slump in revenue as co-chief executive officer John Cryan scales back trading activities to bolster returns. The loss of 1.15 billion euros (S$1.8 billion) in the period