The Traderszone Network

Published in TZ Latest News 27 April, 2015 by The TZ Newswire Staff

Exclusive: Deutsche’s radical revamp foiled by ECB stress test

Deutsche Bank, Germany’s biggest lender, has spent much of this year looking at ways of reconfiguring its business to boost returns and had narrowed the choice to two possible models. The bank’s co-chief executives, Anshu Jain and Juergen Fitschen, originally favored shedding its entire retail business and becoming Europe’s answer to Goldman Sachs (GS.N), sources familiar with internal discussions told Reuters.

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