Deutsche slashes links to other financial firms

Intra-financial system assets and liabilities fall 22% and 29%, respectively

Deutsche Bank cut its level of interconnectedness with other financial institutions in 2018, in a move that will bolster the firm’s efforts to lower its systemic risk capital charge.

The German bank posted intra-financial system assets and liabilities of €178 billion and €199 billion, respectively, at end-December. These figures were down by €50 billion (22%) and €80 billion (29%), respectively, from end-2017.

The drop in intra-financial system assets was led by a sharp reduction in

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