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Deutsche Bank said to weigh sale of Indian retail biz

The bank is also considering selling retail operations in European countries, including Spain

Macarena Munoz Rodrigo Orihuela Manuel Baigorri & Steven Arons | Bloomberg 

Deutsche Bank AG is weighing the sale of its Indian retail businesses as the German lender considers asset disposals to help boost capital levels, two people with knowledge of the matter said. The bank is also considering selling retail operations in European countries including Spain, the people said, asking not to be identified as the plans aren’t public.  The Frankfurt-based lender declined to comment. Chief Executive Officer John Cryan earlier this month announced a strategic overhaul that includes offering 8 billion euros in stock, selling part of the asset ...

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First Published: Thu, March 16 2017. 01:57 IST
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