DB Places Temporary Halt On Alt-A, Subprime Biz

Deutsche Bank has temporarily ceased its Alt-A and subprime mortgage operations, according to industry sources.

  • 10 Oct 2007

--Cathy Cunningham

Deutsche Bank has temporarily ceased its Alt-A and subprime mortgage operations, according to industry sources. The halt is thought to have come sometime in the past two weeks. Officials at Deutsche Bank declined to comment.

The bank is said to have adjusted its product offerings by shelving ...

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