JPMorgan received as much as $40B in new assets from the unit, Business Insider reports, citing people familiar with the matter.
Barclays (NYSE:BCS), which was seen as an early winner, now appears rank behind JPMorgan.
About $75B of the $200B in balances still remain.
via Bloomberg First Word.
In July, Germany's largest lender announced a sweeping restructuring plan in which it will exit the global equities business, scale back its investment bank and trim fixed income operations, cutting 18,000 jobs in the process.
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