A large bank is trying to sell its ownership in a casino. No, not Goldman Sachs trying to shed its ownership of Sigma X, the bank’s dark pool exchange for stock trading. Deutsche Bank AG (USA) (NYSE:DB) is trying to sell the Cosmopolitan of Las Vegas for $2 billion, according to a report in Bloomberg News, citing unnamed sources.
Risque advertising to a hip crowd
The Casino, which engaged in risqué advertising with the slogan “just the right amount of wrong,” might have been the wrong company for Deutsche Bank to keep. The...
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