AMWatch

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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Oil services investments and inflows help BankInvest in Q1

Net inflows have exceeded expectations at BankInvest in Q1. The EUR 20bn manager has been criticized for some of the investments in its sustainable flagship product, but CEO Lars Bo Bertram is proud that the EUR 12bn fund has managed to beat its benchmark despite massive gains for oil and gas.

Further reading

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch