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deutsche bank

“Worse Than People Can Imagine” – Deutsche Bank to Shift $350 Billion of Assets from London to Frankfurt…

July 24, 2017 at 6:19 pm

In a project dubbed ‘Bowline’, Bloomberg reports that Deutsche Bank may shift about 300 billion euros ($350 billion) from the balance sheet of its U.K. entity to Frankfurt as client trading and assets migrate to the continent following Britain’s decision to leave the European Union. While not the first bank to threaten to move post-Brexit, […]

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