Deutsche Bank plans to pare U.S. equities business to skeleton operation - sources
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NEW YORK (Reuters) - Deutsche Bank plans to dramatically reduce the size of its U.S. equities business, leaving only a skeleton operation in place to service corporate and high-net-worth clients, three sources familiar with the matter told Reuters.Chief Executive Officer Christian Sewing is battling to convince investors he can turn around Germany's biggest lender, whose shares hit a record low this month. He told investors at the annual meeting last month that Deutsche was prepared to make..