Deutsche Bank mulls float of asset management arm
Some €719bn in AUM
Photo: Justin Pickard/Flickr
Deutsche Bank is looking to float a minority stake in its asset management division to potentially rebuild its capital buffers in the event of a $14bn fine from the US.
According to the Financial Times, the firm has not made a final decision and any potential deal is unlikely to take place before the first half of 2017. The asset management arm has €719bn in AUM and...
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