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Deutsche Bank Leads U.S.-Focused European Lenders Higher on Mnuchin Nomination

Deutsche Bank (DB) led gains for European lenders with significant U.S. operations Thursday as investors reacted to the nomination of Steve Mnuchin as U.S Treasury Secretary.

Mnuchin told CNBC television Wednesday that he and Wilbur Ross, the billionaire investor whom President-elect Donald Trump has chosen as his Secretary of Commerce, will roll back the Dodd-Frank Wall Street Reform and Consumer Protection Act and ease regulations for the banking and small business...


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