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Breaking Up The Banks

Chisel Split Ice

The possibility of breaking up banks into investment and commercial or retail operations appears to be gaining renewed interest in some quarters – with Mark Carney’s appointment as Governor designate of the Bank of England adding to the enthusiasm for this idea.

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Deutsche Bank - Foyer Bridge

Deutsche disputes scathing report

Deutsche Bank has disputed allegations by Germany's financial watchdog, sources close to the firm said, in its official response to a preliminary report into interest rate manipulation which threatens sanctions against the bank and individuals.