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Deutsche Bank analysts see doubt persisting over investment bank

from Bloomberg

Shares of Deutsche Bank rose as much as 4.7 percent in Frankfurt on Monday after the lender appointed Christian Sewing — a retail banking executive and three-decade veteran of the company — to succeed John Cryan as chief executive officer, ending weeks of turmoil. Garth Ritchie was named head of the investment bank and co-deputy chief executive with Chief Administrative Officer Karl von Rohr. more

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