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Deutsche Bank open to offers for London gold vault: sources

Physical precious metals trading arm shut in Nov to cut exposure to commodity markets

Sat, Dec 27, 2014 - 5:50 AM

Deutsche Bank is open to offers for its London-based gold vault following the closure of its physical precious metals business, three sources familiar with the matter said on Wednesday.

PHOTO: REUTERS

London

DEUTSCHE Bank is open to offers for its London-based gold vault following the closure of its physical precious metals business, three sources familiar with the matter said on Wednesday. "If the right offer came along, then the bank would sell the London vault," one source close to...

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