trending Market Intelligence /marketintelligence/en/news-insights/trending/HaT-DjsY7OyB1dg_MuIUwA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Deutsche Bank decides against selling Spanish retail operations

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


Report: Deutsche Bank decides against selling Spanish retail operations

Deutsche Bank AG has canceled its plans to sell its Spanish operations after bids for the unit failed to meet its expectations, Expansión reported on Oct. 16.

Deutsche Bank, which has been seeking to off-load nonstrategic assets, had received bids from Targobank S.A.U., Banco Bilbao Vizcaya Argentaria SA and ABANCA Corporación Bancaria SA, but only Abanca had stayed in the running with a bid of between €400 million and €500 million, the report said.

Expansión cited sources saying the bank had informed the staff that the sale plan had been abandoned.