trending Market Intelligence /marketintelligence/en/news-insights/trending/9a-x2VOsrM_NSzTj3x28IA2 content esgSubNav
In This List

Report: Deutsche Bank considering sale of asset manager DWS to Allianz

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade

Blog

Middle East Africa MA by the Numbers: Q3 2021

Blog

Banking Essentials Newsletter: November Edition 2021 - Part 2


Report: Deutsche Bank considering sale of asset manager DWS to Allianz

Deutsche Bank AG could sell its asset management business, DWS Group GmbH & Co. KGaA, to the German insurance giant Allianz Group, Bloomberg reported, citing people familiar with the matter.

Deutsche Bank owns about 78% of the publicly listed company. A tie-up with Allianz' existing active money management arm would result in a business with roughly €1.17 trillion in AUM, the people said.

The discussions are in the early stages and a transaction may not occur, according to the sources.

A sale of that size could free up cash to pursue a potential combination with Commerzbank AG, a possibility that became more concrete March 17 when Deutsche Bank CEO Christian Sewing confirmed the two banks were discussing such a move.