Asset Management

Deutsche Bank squeezes out investors in exchange traded notes

Delisting Thursday will leave remaining holders stranded and potentially facing steep losses

A dozen Deutsche Bank exchange traded notes will soon join the ranks of the living dead, leaving investors in an unusual quandary.

The bank plans to delist the products from the New York Stock Exchange’s Arca trading platform after markets close on Thursday, consigning them to a hinterland of illiquid over-the-counter trading.

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