US stocks fluctuate | Deutsche Bank (DB.US) rises more than 2% The company is restructuring its German wealth management business to increase revenue.

According to the Securities Times app, on Wednesday, Deutsche Bank (DB.US) rose more than 2%, to $30.15. In terms of news, Deutsche Bank is restructuring its wealth management business in Germany, aiming to simplify leadership structure and increase profitability in this lucrative business. The largest bank in Germany stated in a statement released on Monday that the separate departments serving wealthy and high-net-worth clients will be merged into one wealth management department. The organizational structure of the bank's small and medium-sized enterprise business department is similar, with operations being divided by region within Germany.