Deutsche Bank splits investment bank in two as part of overhaul

October 18, 2015 2:44 PM

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FRANKFURT Oct 18 Deutsche Bank is splitting its investment bank into two separate units as part of a broad strategic overhaul of the lender launched by new Chief Executive John Cryan.

Germany's flagship bank said on Sunday the sales and trading activities of its Corporate Banking & Securities (CB&S) unit would form a new business division called Global Markets.

Also read: Global Uncertainty Gets Brushed Off in the U.S. and Europe

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