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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
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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,

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First Published: Mar 18 2023 | 7:49 PM IST

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