Deutsche Bank mulls float of asset management arm

Some €719bn in AUM

Laura Dew
clock
Photo: Justin Pickard/Flickr
Image:

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...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

The largest inflation contributors were housing and household services, and transport
UK

'Back to the nineties': Industry reacts as UK inflation reaches 30-year high

The UK’s Consumer Price Index rose 20 basis points above expectations to 5.4% in the 12 months to December 2021, according to the Office for National Statistics, reaching its highest level since March 1992.

Lauren Mason
clock 19 January 2022 • 4 min read
Gurpreet Gill of Goldman Sachs Asset Management

Interest rate hikes will alter the investment landscape in 2022

Central banks expected to take action

Gurpreet Gill
clock 12 January 2022 • 4 min read
The European Central Bank (ECB)

ECB begins cautious taper while holding rates

PEPP will end by March 2022

clock 16 December 2021 • 2 min read
Trustpilot