Deutsche Banks ends Russian operations

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By Euronews

Published on 18/09/2015 - 16:02

Deutsche Bank has confirmed its closing part of its business in Russia as a result of sanctions and investigations into share trades. The German firm

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Deutsche Bank has confirmed its closing part of its business in Russia as a result of sanctions and investigations into share trades.

The German firm says the move is part of a review of its global structure. Its corporate banking and securities will close while its corporate finance and markets businesses will operate from international hubs instead.

The closure will lead to the loss of some 200 jobs.

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