Deutsche Bank In Talks With Guggenheim Partners

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Marketwatch reported that, Deutsche Bank (NYSE:DB) announced Tuesday that is currently talking with Guggenheim Partners exclusively about the sales of its asset management units that include DWS Americas, DB Advisors and its Americas mutual fund business as well as Deutsche Insurance Asset Management, and RREEF, the global alternative asset management business.The discussions with the assorted financial firms happened after Deutsche Bank said last November it started a tactical review of its asset management department.Deutsche Bank is currently above its 50-day moving average (MA) of $40.87 and above its 200-day of $44.11.

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