Deutsche Bank Revisits an Old Bind: How to Cut Its Way to Growth
- Bank explores cuts to investment bank after merger talks end
- Talks about a deal for its asset management arm have stalled
The twin tower headquarters of Deutsche Bank are reflected in the windows of a neighboring office block in Frankfurt.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
Deutsche Bank AG is revisiting a familiar path to shore up investor confidence after the breakdown of talks with Commerzbank AG.
Two weeks after deciding a takeover would be too difficult to execute, a plan to find a partner for its asset management business has stalled. Chairman Paul Achleitner signaled he sees no need for a fundamental adjustment of the investment bank, leaving few options to fix the unit at heart of the lender’s woes. And it’s increasingly clear that investors aren’t prepared to give the bank the capital it needs for a deeper overhaul.