, Columnist
Deutsche Bank Will Weather Brexit
George Soros may be betting against the German bank, but its exposure to the U.K. is not particularly heavy.
Rebranding.
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Neither Deutsche Bank Chief Executive Officer John Cryan nor investor George Soros believed the U.K. would vote for Brexit: Cryan said so a number of times, and Soros was long the pound as the results were announced. After the vote, though, Soros shorted about $100 million worth of Deutsche Bank shares, targeting Germany's biggest lender as a potential victim of Britain's secession.