At Deutsche Bank, a major shareholder has significantly reduced his stake.
Former JP Morgan manager Douglas L. Braunstein’s hedge fund Hudson Executive Capital has reduced its stake to 0.92 percent from 3.18 percent, according to a mandatory announcement from Deutsche Bank.
Braunstein joined Deutsche Bank with Hudson Executive Capital at the end of 2018. At that time, a Deutsche Bank share cost around 8 euros. On Friday it went out of trading at 12.08 euros.
FRANKFURT (Dow Jones)
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