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ECB calls on Deutsche Bank to reveal potential downsizing effects

The European Central Bank's Single Supervisory Mechanism has asked Deutsche Bank to estimate the potential economic consequences of downsizing its squeezed investment banking department.

Photo: /ritzau/AP/Michael Probst

The European Central Bank's Single Supervisory Mechanism has requested Deutsche Bank estimate the economic effects of the bank downscaling its investment banking department, according to several international media, including Financial Times and Reuters.

The investment-banking department's services include helping clients raise capital and various other financial services.

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