You are here

Deutsche Bank may shrink trading arms as a profitability booster

Bank also mulls reducing interest-rate business and prime finance activities catering to hedge funds

BT_20150325_DNSHRINK25_1579387.jpg
As part of a strategy overhaul, the bank's chief executives are weighing a sale of its consumer bank in a reversal of their pledge to remain a universal bank.

Frankfurt

DEUTSCHE Bank AG, which runs Europe's biggest investment bank, is looking at shrinking its trading businesses as it reviews three options to boost the firm's profitability, according to a person familiar with the matter.

To help lift returns, the bank is considering...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes