Deutsche Bank to set up 50 billion euro bad bank: source
Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday.The measures are part of a significant restructuring of the investment bank, a major source of revenue for Germany's largest lender, which has struggled to generate sustainable profits since the 2008 financial crisis.Shares in Deutsche, which have recently traded at record lows, were up 2% in Frankfurt to t
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