Deutsche Bank restructures business, removes top executives | Reuters
FRANKFURT Deutsche Bank is restructuring its business, splitting its investment bank in two and parting ways with some of its top bankers as the new chief executive of Germany's biggest bank sets out its most "fundamental" overhaul. Chief Executive John Cryan has come under mounting pressure to reform the bank, as costly litigation from a series of scandals and the fallout from the Asian market rout pushed its valuation well below rivals such UBS and Credit Suisse, who had already embarked on their restructuring
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| Reuters appeared first on Firstpost.