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Ten People Who Will Be Key in Deciding Deutsche Bank’s Future

deutsche-bank

Pressure on Deutsche Bank AG has increased since the lender revealed two weeks ago the U.S. Justice Department is asking for $14 billion to settle a probe tied to residential mortgage-backed securities the bank traded before the 2008 financial crisis.

Amid concerns about the bank’s finances, about 10 hedge funds that use its prime brokerage service moved part of their listed derivatives holdings to other firms this week, according to an internal bank document Bloomberg News has seen.

For more on this story visit the following link: Ten People Who Will Be Key in Deciding Deutsche Bank’s Future

Source: Bloomberg

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