Deutsche Bank (DB) has other problems these days. On top of a pending multi-billion dollar settlement with the U.S. Department of Justice and speculation about a government bailout, the future of its ETF business is uncertain following billions in outflows this year.
“The future of Deutsche Bank’s ETF line of business is uncertain,” says Robert Clark at S&P Global Market Intelligence. “Depending on the bank’s capital position, Deutsche Bank may be forced to consider selling its asset management division.”...........................................Full Article: Source
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