Investors renew calls for Deutsche Bank to trim investment bank

FRANKFURT: Deutsche Bank investors are renewing calls for it to scale back its investment bank division ahead of what promises to be a challenging annual shareholder meeting next week.

But the bank is unlikely to announce any changes to its investment banking operations in the coming days, executives said. Deutsche Bank and Commerzbank attributed the collapse of merger talks to the risks of doing a deal, restructuring costs and capital demands, but concerns about the investment bank loomed large, people with knowledge of the matter said.

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