Deutsche Bank Achieves ‘Notable Milestones’ on IPO of Asset Management Unit

[kreslik.news]

A report in Reuters today revealed that Deutsche Bank is making progress in its planned partial initial public offering (IPO) of its asset management unit, believed to be taking place at some point over the next two years, according to a recent memo to staff.

The London Summit 2017 is coming, get involved!
Nicolas Moreau, a board member who oversees Deutsche Asset Management, said in a recent memo to staff that the bank secured Swiss regulator FINMA’s approval to establish Deutsche Asset Management (Schweiz) AG.

“We continue to make excellent progress with our IPO preparations and ... (read more)