“Radical Changes To The Business Model” – Deutsche Bank Forced To Shrink US Operations As Part Of DOJ Settlement
by Tyler Durden
ZeroHedge.com
Oct 15, 2016
Deutsche Bank may be forced to shrink its U.S. activities as part of a deal to settle litigation over residential mortgage-backed securities with the Department of Justice, German newspaper Welt am Sonntag reported, in a move that will be sure to delight its US-based competitors.
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