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1. How had the orientation of Deutsche Bank changed over time from 2002 to 2012, in terms of business segments (commercial banking vs. investment banking)

1. How had the orientation of Deutsche Bank changed over time from 2002 to 2012, in terms of business segments (commercial banking vs. investment banking) and global nature (domestic vs. international)? What caused these strategic changes? Do you agree with Deutsche Banks strategic changes? (10 points)

2. How had these strategic changes impacted its capital structure (leverage ratio)? (10 points)

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