-
Deutsche Bank Sells $50 Billion Book of Assets to Goldman
Deutsche Bank AG sold another chunk of unwanted assets to Goldman Sachs Group Inc. as part of a radical restructuring that’s seeing the German firm exit businesses where it’s been unable to compete. The nation’s largest lender recently sold securities with a notional value of about 40 billion pounds ($51 billion) to the U.S. bank, people briefed on the matter said. The assets are tied to emerging market debt and were previously housed in Deutsche Bank’s wind-down unit, one person said. They asked not to be identified discussing the private deal. Representatives for Deutsche Bank and Goldman Sachs declined to ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Nov 27, 2019 8:08am Nov 27, 2019 8:08am
- Guest
- | IP XX.XX.108.134
- Comment #2
- Quote
- Nov 27, 2019 8:31am Nov 27, 2019 8:31am
- ChinaTraderz
- | Joined Dec 2015 | Status: Sloth (Folivora) | 323 Comments
- Comment #3
- Quote
- Nov 27, 2019 9:31am Nov 27, 2019 9:31am
- Guest
- | IP XXX.XX.36.132
- Comment #4
- Quote
- Nov 27, 2019 10:21am Nov 27, 2019 10:21am
- ChinaTraderz
- | Joined Dec 2015 | Status: Sloth (Folivora) | 323 Comments
- Comment #5
- Quote
- Nov 27, 2019 10:26am Nov 27, 2019 10:26am
- Guest
- | IP XXX.XX.72.104