Deutsche Bank Asked to Simulate Split
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January 23, 2013 - 2:45am
Econintersect: According to Bloomberg, Germany's financial regulator, BaFin, has requested Deutsche Bank to run a simulation of the division of their commercial banking and trading/investment banking operations into two separate businesses. A German newspaper, Boersen Zeitung, has reported that two banks have been asked to simulate a split, According to Bloomberg. The German action is consistent with proposals circulating in the U.K. and the EU to separate depository and investment banking.
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January 23, 2013 - 2:45am
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