It's time for big decisions at home Deutsche Bank. The German financial giant has kicked off the divestment of a large part of the asset management branch globally. The collections expected by the Bank are between two and three billion of Euro. This was reported by two financial sources close to the operation.
There are already many potential buyers who have expressed interest. Among them banks and managers. Deutsche Bank expects to receive non-binding offers a January or February. It seems that the Bank would prefer to sell to a single investor, but would be ready to consider different buyers if the price were favourable.
