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(Bloomberg) - Deutsche Bank considered informed circles the resumption of trade with non-metals such as aluminum and copper. The major bank wools to boost their growth, people who are familiar with the considerations.
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The considerations that are hired by the Fixed Income division of Ram Nayak are still in the exploratory status and effective, the persons said. The project would require new hires and fulfill the bank for precious metal trading, one of the persons said.
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Marion Labour, Senior Economist and Market Strategine at Deutsche Bank, holds value stores from precious metal for the modern digital society for outdated and announces its upcoming detachment. © Jorg Hackemann Central of Deutsche Bank in Frankfurt am Main. Whether it's just the published opinion of the woman Laboure or a coordinated position of Deutsche Bank remains open. In any case, Ms.
A spokesman for Deutsche Bank refused an opinion.
The return to non-telemetals' business whose prices have risen sharply in recent months would partially reverse thefrom the commodity trading eight years ago. The step would be another example of how strong CEO Christian Sewing sets his fixed-income division to increase yields.
The prices for non-metals have risen sharply since the pandemic. Copper and aluminum are at the highest level for many years and helped other banks for extra professing. The raw material dealer of Goldman Sachs Group Inc. have doubled its yields last year to over $ 2 billion, the highest amount in a decade.
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The Deutsche Bahn and the technology company Siemens have first brought on Monday in Hamburg a fully automatic moving, digitally controlled S-Bahn on the rail. © Tupungato / Shutterstock Hamburg Central Station. Bahnkef Richard Lutz announced that the technology will be gradually extended to the entire S-Bahn network of the Hanseatic city in the future. After words by Siemens boss Roland Busch, it is a "blueprint for the digitization of the rail in Germany, Europe and around the world".
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