Deutsche Bank To Review Asset Management Division

german flag

Deutsche Bank has announced that it is going to conduct a strategic review of its global Asset Management division. The bank says that while it is still committed to the business, recent regulatory changes and associated costs, as well as increased competition in the market, have impacted "its growth prospects on a bank platform."

"The outcome of this review will be driven first and foremost by our fiduciary duty to, and the interests of, our clients," says Kevin Parker, global head of Asset Management. "Our aim is to find the best strategic option to maximize the performance and potential of the Asset Management division."

This review will not include the DWS franchise in Europe and Asia, according to the bank.

  • LinkedIn  
  • Save this article
  • Print this page  

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: