Deutsche gets lift from 935 million pound sale of Abbey Life to UK's Phoenix

FRANKFURT (Reuters) - Deutsche Bank AG has sold its British insurance business Abbey Life to Phoenix Group Holdings as it sheds non-core assets and reduces its balance sheet in an effort to reassure anxious investors and meet regulators' demands.

from Reuters: Top News http://uk.reuters.com/article/uk-abbey-life-m-a-phoenix-group-idUKKCN11Y0LS?feedType=RSS&feedName=topNews