FRANKFURT (Reuters) – Deutsche Bank’s asset manager DWS is aiming to play an active role in the consolidation in Europe, Chief Executive Asoka Woehrmann said.
“(Our goal is) to actively seize opportunities for inorganic growth if they come up,” he told investors at DWS’ annual general meeting on Wednesday.
Benefit - Shareholders - Fit - Transaction - Line
Only if there was a benefit for shareholders, a cultural fit and if a potential transaction was in line with DWS’ fiduciary activities would a deal be struck, he added.
Deutsche Bank has been in talks with UBS over a combination of...
Wake Up To Breaking News!
Keep the change!