- Justice Department watchdog investigating leaked Comey memos over classified information: WSJ
- Fed governor Brainard: Rising trade tensions are a 'material uncertainty' to the economic outlook
- Silver ETFs Gain Momentum, Up 3.3% Over Week
- The best budget-friendly summer vacations, according to US News & World Report
- Victoria’s Secret brand takes hit as #MeToo ascends
FILE PHOTO: European Central Bank (ECB) headquarters building is seen in Frankfurt, Germany, March 7, 2018. REUTERS/Ralph Orlowski/File Photo
April 16, 2018
FRANKFURT (Reuters) – The European Central Bank has asked Deutsche Bank <DBKGn.DE> to estimate the costs of winding down its giant trading operations, the first such simulation by Europe’s biggest banks, Deutsche’s finance chief said on Monday.
But Chief Financial Officer James von Moltke stressed in an interview with Reuters that the request from the ECB was “not an unusual exercise” and that it was “totally unrelated” to an internal review of its global investment bank.
(Reporting by Tom Sims and Andreas Framke; Additional reporting by Frank Siebelt; Editing by Arno Schuetze)