DB spinning off retail arm in response to market and regulatory forces


The WSJ and the FT are reporting this morning that Deutsche Bank's Management and Supervisory boards have decided to restructure the firm, respond to new regulatory standards, and position the firm for growth, an improve its leverage ratio profile. The WSJ article notes further asset sales will occur at DB in order to improve its leverage ratio, a new measure coming into force for many banks which provides a blunt instrument to limit growth as it considers gross assets versus equity.   

Such measures is expected to result in a reduction of about E156 billion of assets, improving the leverage ratio.  See the WSJ article for more information at http://www.wsj.com/articles/deutsche-bank-boards-decide-on-new-strategy-1429911366

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