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Share and asset sales among Deutsche Bank's options

Sources say the bank could revisit divestment of Deutsche Postbank as it faces mounting legal bills

Published Fri, Oct 7, 2016 · 09:50 PM

London

DEUTSCHE Bank AG is holding informal talks with securities firms to explore options including raising capital should mounting legal bills require it, according to people with knowledge of the discussions.

Senior advisers at top Wall Street firms are speaking to representatives of the lender about ideas including a share sale and asset disposals, said the people, who asked not to be identified because the plans are private.

Deutsche Bank could also revisit selling its Deutsche Postbank unit or part or all of its asset management division, the people said. A spokeswoman for Frankfurt-based Deutsche Bank declined to comment.

Deutsche Bank CEO John Cryan, 55, has been under pressure to stem a slide in shares that has eroded about half of the company's market value…

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