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

10 Things
10 Things...on the regulatory agenda

The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...

10 Things
10 Things...to read in summer 2024

It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...