Similar Stories to Deutsche Bank Cuts Ties With 3,400 Clients In Trading Business on Bing News

Reuters: Business News, Reuters: Business
Fri, 12/02/2016 - 11:42am

FRANKFURT (Reuters) - Deutsche Bank's Global Markets division will cut ties with about 3,400 clients in its debt and equities sales activities, the bank said on Friday. Deutsche Bank will immediately cease debt sales services to some financial institutions and hedge funds as well as equity sales activities, the execution of equities trading orders and equity structuring activities for some clients, a spokesman said, citing an internal memo.

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