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23.05.2019 10:57:21 - dpa-AFX: Deutsche Bank chief announces tough measures for capital markets unit

FRANKFURT (dpa-AFX) - Deutsche Bank aims to cut back even further its
loss-making capital markets unit, chief executive Christian Sewing
tells the bank's annual shareholders' meeting in Frankfurt.

'We are prepared to take tough measures,' Sewing told shareholders in
Germany's largest bank.

'We will speed up the transformation by reorienting our bank
single-mindedly towards its profitable and growing units that are
particularly relevant to our customers.'

Sewing said the investment bank should only conduct business that was
either sufficiently profitable or important as service to other
banking units.

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