Asset Management

Deutsche to list fund management business at ‘earliest’ opportunity

Sale is one of the flagship initiatives in a group restructuring being overseen by chief executive John Cryan

Deutsche to list fund management business at ‘earliest’ opportunity

Deutsche Bank plans to sell part of its fund management business — recently rebranded as DWS — as soon as market conditions allow.

The sale is one of the flagship initiatives in a group restructuring being overseen by chief executive John Cryan, who is aiming to boost profitability at the bank following years of costly legal settlements and revenue pressures.

WSJ Logo
JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions