• 22 Nov 2011 at 2:29 PM

Who Wants To Buy Deutsche Bank’s Asset Management Business?

By Bess Levin

They’re willing to entertain an offer.

Deutsche Bank said it’s considering “all strategic options” for its global asset management, excluding the DWS mutual-fund unit, as it conducts a review of the business. “While the bank remains committed to asset management, this review is part of the bank’s continual effort to maintain an optimal business mix and be among the market leaders in each of its businesses,” the Frankfurt-based lender said in a statement today.

[Bloomberg]

Comments (4)

  1. 1
    Posted by I'm a Dude | November 22, 2011 at 2:56 PM

    I'll take for a symbolic 1 Deutschmark

  2. 2
    Posted by Roger Waters | November 22, 2011 at 3:07 PM

    "all strategic options" = "cautiously optimistic" = "run like hell"

  3. 3
    Posted by Touch Base Later | November 22, 2011 at 5:08 PM

    Two questions – how much money have they "misplaced" and can they make it to Monday morning?

  4. 4
    Posted by phkauf | November 23, 2011 at 12:17 PM

    Schadenfreude i/ˈʃɑːdənfrɔɪdə/ (German: [ˈʃaːdənˌfʁɔʏdə]) is pleasure derived from the misfortunes of others.

    first thing that comes to mind…..

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