Deutsche Bank AG is planning to launch an IPO of its DWS asset management arm on Feb. 26, Reuters reported, citing "sources close to the matter."

Deutsche Bank is planning to list 25% of DWS' existing shares on the Frankfurt stock exchange in the week of March 19 for an expected €1.5 billion to €2 billion, according to the Feb. 20 report. The launch will reportedly take place before Holy Week — the week leading up to Easter — to maximize investor attention.

One source noted that "transaction security" is of greater importance to Deutsche Bank than price.

No new shares in DWS will be sold as part of the offering. Deutsche Bank has structured DWS as a KGaA under German law, meaning that it would retain control of the company even if its stake falls below 25%, Reuters noted.