Deutsche Bank (XE:DBK)
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3 Months : From Sep 2019 to Dec 2019
By Kim Richters
Deutsche Bank AG (DBK.XE) said Monday that it has reached an agreement with BNP Paribas SA (BNP.FR) to transfer its prime finance and electronic equities business to the French bank.
The German lender said that the agreement provides continuity of service to its clients.
The bank will transfer technology and key staff to BNP, it said.
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(END) Dow Jones Newswires
September 23, 2019 02:40 ET (06:40 GMT)
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