Deutsche Bank beats target in asset management IPO – ValueWalk Premium

Deutsche Bank beats target in asset management IPO

Germany's biggest lender Deutsche Bank launched asset management arm DWS onto the Frankfurt stock market Friday, with shares in the subsidiary climbing higher than the asking price in early trading. After the opening bell rang, the stock reached 32.55 euros ($40.17) in the first minutes, slightly higher than the 32.50 target price. The result is encouraging…



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