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Deutsche Bank seeks to shed risky assets as part of overhaul: sources
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Deutsche Bank seeks to shed risky assets as part of overhaul: sources
Deutsche Bank is aiming to cut up to a quarter of its riskiest assets in the next few years, people familiar with the matter said, shedding more light on how the German lender is trying to overhaul its business and revive profitability. In an internal bad bank, risk weighted assets remain on the bank's balance sheet until they are wound down.
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