Business Standard

Deutsche Bank is said to study opening for Credit Suisse's assets

The German bank's deliberations so far are internal and it hasn't made any concrete proposals to the Swiss lender yet, said sources

Deutsche Bank
Premium

Photo: Bloomberg

Bloomberg
By Steven Arons, Katherine Griffiths and Dinesh Nair

Deutsche Bank AG is monitoring the situation at Credit Suisse Group AG for a potential opening to acquire certain businesses, according to people familiar with the matter.

Discussions have touched on what parts of Credit Suisse would be attractive and what valuation they’d put on desirable assets should they come to market if it’s acquired by UBS Group AG or broken up, the people said, asking not to be identified discussing private information. The German bank’s deliberations so far are internal and it hasn’t made any concrete proposals to the Swiss lender yet,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in