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Deutsche Bank mulls more cuts at investment bank across trading businesses

As part of the review, cuts are being discussed at both big trading businesses

Deutsche Bank
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The logo of Deutsche Bank is seen at its headquarters ahead of the bank's annual general meeting in Frankfurt, Germany

Steven Arons, Stephen Morris & Elisa Martinuzzi | Bloomberg
Deutsche Bank AG is conducting a fresh review of its investment bank that could lead to deeper cuts across the trading businesses, according to sources.

The bank’s US operations are a particular focus, though the review stretches across the firm’s global trading unit, sources said. Europe’s largest investment bank is examining businesses where it’s trailing competitors to determine if it should try to win back market share or exit, they said.

Senior executives plan to complete the review, dubbed “Project Colombo,” within weeks, before deciding where to cut and where to invest, said two people. A spokeswoman for

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First Published: Mar 29 2018 | 12:24 AM IST

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