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

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

Frankfurt

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

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