Market welcomes reported Deutsche retrenchment plan

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Market welcomes reported Deutsche retrenchment plan

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25 May 2019, Hessen, Frankfurt/Main: The Deutsche Bank logo can be seen through a gap in the leaf canopy of a tree. Photo: Andreas Arnold/dpa | Andreas Arnold/DPA/PA Images

Deutsche Bank’s reported plan to separate off non-core assets like long-dated derivatives and to size down parts of its trading operations were seen as positive for the bank's shares and bonds on Monday morning.

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