Deutsche narrows options for revamp ahead of board meeting -sources

April 14, 2015 5:43 PM

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FRANKFURT, April 14 (Reuters) - Deutsche Bank management has decided that cost-cuts alone are not an option for the bank's restructuring and is looking at whether to divest all retail banking or just its Postbank arm, sources familiar with the matter said.

Germany's flagship bank aims to choose between these two options before an April 24 supervisory board meeting, the sources told Reuters on Tuesday.

Also read: Euro zone June industry output drops by more than expected

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