Deutsche
PEOPLE MOVES: Guardian Wealth, Mark Mobius, Axa
A former Nexus Singapore financial planner joins Guardian Wealth in Dubai, Mark Mobius nabs two former Franklin Templeton colleagues for his asset management boutique and Axa announces the retirement of a veteran fund manager.
Deutsche Bank ousts British boss; hails ‘new era’
Deutsche Bank has replaced British boss John Cryan with Christian Sewing, who it said will usher in a “new era” for the battered bank.
Hong Kong regulator targets big guns
In separate moves, Hong Kong’s Securities and Futures Commission (SFC) this month has gone after UBS, Deutsche Bank and brokerage firm CLSA for regulatory breaches.
Deutsche Bank eyes €1.8bn asset management IPO
Deutsche Bank has set a price of €7.2bn (£6.4bn, $8.9bn) on its asset management arm, DWS, as it details the price per share for its partial listing on the subsidiary.
Deutsche Bank confirms €2bn asset management IPO
Deutsche Bank has confirmed plans to list its asset management division DWS on the Frankfurt Stock Exchange for €2bn (£1.76bn, $2.45bn).