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Negative rates, intense competition spell gloom for German banks
Published Mon, Nov 14, 2016 · 09:50 PM
Frankfurt
DEUTSCHE Bank AG chief executive officer John Cryan's troubles range from the company's mounting legal costs to stricter regulation that's eroding returns. And there's at least one challenge he shares with his German rivals: Europe's most competitive market.
"Deutsche Bank still has a lot to deal with, but the Germ…
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