In the Margins

BlackRock, Soros said to be interested in DWS IPO

March 6, 2018

By Reuters

BlackRock, George Soros, and big sovereign wealth funds are among investors expressing interest in buying stakes in the initial public offering of Deutsche Bank’s asset management arm, known as DWS, a person familiar with the matter said. Deutsche Bank is finalizing plans for the DWS IPO, which it said last year it would conduct as part of a broader overhaul to help the bank move on from a string of lawsuits and trading scandals. Read the original story from Reuters.

 

 

Most Read

Viewpoints
Op-Ed: Whither valuation guidance?

The Securities and Exchange Commission should issue valuation guidance for investment companies. When I was chief counsel in the SEC's Division of Investment Management from 1997 ...