Radical changes on the cards for Deutsche Bank


The bank is set to finalise the details of the lender

FRANKFURT: Deutsche Bank AG chief executive officer Christian Sewing (pic) is putting the final touches on a sweeping turnaround plan that may reshape Germany’s biggest bank for years to come. After his first effort fell short and merger talks with Commerzbank AG went nowhere, the CEO is seeking to radically shrink and reshape Deutsche Bank’s business across the globe.

The bank is set to finalise the details of the lender’s latest restructuring this weekend when its supervisory board meets to make a final decision.

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