Report - Deutsche Bank plans slimmer universal bank

Deutsche Bank - External

Deutsche Bank is focusing on plans for a slimmed-down universal bank as part of the management's strategic review where the group remains internationally engaged in most of its current activities but pulls out of unprofitable regions and business lines, newspaper Handelsblatt reported on Monday.

Reuters reports that the bank would shut operations abroad that contribute little to the bottom line, the paper wrote, citing unnamed sources.

The bank 'doesn't have to do everything worldwide', Handelsblatt reported, citing an unnamed company source.

To access the complete Reuters article hit the link below:

Deutsche Bank eyes slimmed-down universal bank model - paper

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