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Deutsche Bank's little jewel in India spared the axe
Published Thu, Nov 5, 2015 · 09:50 PM
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Mumbai
DEUTSCHE Bank AG, which announced last week it's pulling out of 10 countries around the world to revive profits, left a nation off the chopping block: India.
Unusually, the German investment bank and private-wealth manager gives loans to corporate borrowers as well as consumers from 17 retail bank branches in India - the only country outside Europe where it operates branches. Equally unusually, De…
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