Market Chatter: Deutsche Bank Talks on China Joint Venture Said to End on Control Issue

MT Newswires Live

Jan 28

Deutsche Bank (DB) resisted Beijing's request to increase its interest in a planned joint venture in China, ending talks between the German lender and Postal Savings Bank of China or PSBC, Reuters reported Tuesday, citing unnamed sources.

The latest plan of Deutsche Bank's asset management arm DWS was for Deutsche Bank and PSBC to each own a 47.5% stake in the joint venture, with Ares Management (ARES) owning the remaining 5% interest, the sources said.

Talks between Deutsche Bank, DWS and PSBC fell through after Beijing wanted the German firm to have majority control of the joint venture, the report quoted the sources as saying.

It wasn't immediately clear why Deutsche Bank didn't want to be the majority owner, according to the report.

Deutsche Bank, PSBC and Ares didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 20.14, Change: +0.09, Percent Change: +0.45

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2506517266"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2506517266\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2506517266?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-28 23:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2506517266","market":"sg","top_or_hot":-1,"title":"Market Chatter: Deutsche Bank Talks on China Joint Venture Said to End on Control Issue","media":"MT Newswires Live","content":"<html><body><p> Deutsche Bank (DB) resisted Beijing's request to increase its interest in a planned joint venture in China, ending talks between the German lender and Postal Savings Bank of China or PSBC, Reuters reported Tuesday, citing unnamed sources.</p><p>The latest plan of Deutsche Bank's asset management arm <a href=\"https://laohu8.com/S/DWS.AU\">DWS</a> was for Deutsche Bank and PSBC to each own a 47.5% stake in the joint venture, with Ares Management (ARES) owning the remaining 5% interest, the sources said.</p><p>Talks between Deutsche Bank, DWS and PSBC fell through after Beijing wanted the German firm to have majority control of the joint venture, the report quoted the sources as saying.</p><p>It wasn't immediately clear why Deutsche Bank didn't want to be the majority owner, according to the report.</p><p>Deutsche Bank, PSBC and Ares didn't immediately respond to requests for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 20.14, Change: +0.09, Percent Change: +0.45</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Deutsche Bank Talks on China Joint Venture Said to End on Control Issue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Deutsche Bank Talks on China Joint Venture Said to End on Control Issue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-01-28 23:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Deutsche Bank (DB) resisted Beijing's request to increase its interest in a planned joint venture in China, ending talks between the German lender and Postal Savings Bank of China or PSBC, Reuters reported Tuesday, citing unnamed sources.</p><p>The latest plan of Deutsche Bank's asset management arm <a href=\"https://laohu8.com/S/DWS.AU\">DWS</a> was for Deutsche Bank and PSBC to each own a 47.5% stake in the joint venture, with Ares Management (ARES) owning the remaining 5% interest, the sources said.</p><p>Talks between Deutsche Bank, DWS and PSBC fell through after Beijing wanted the German firm to have majority control of the joint venture, the report quoted the sources as saying.</p><p>It wasn't immediately clear why Deutsche Bank didn't want to be the majority owner, according to the report.</p><p>Deutsche Bank, PSBC and Ares didn't immediately respond to requests for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 20.14, Change: +0.09, Percent Change: +0.45</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARES","symbol_name":"Ares Management L.P.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2506517266","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506517266","pubTimestamp":1738078579,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Deutsche Bank  resisted Beijing's request to increase its interest in a planned joint venture in China, ending talks between the German lender and Postal Savings Bank of China or PSBC, Reuters reported Tuesday, citing unnamed sources.The latest plan of Deutsche Bank's asset management arm DWS was for Deutsche Bank and PSBC to each own a 47.5% stake in the joint venture, with Ares Management  owning the remaining 5% interest, the sources said.Talks between Deutsche Bank, DWS and PSBC fell through after Beijing wanted the German firm to have majority control of the joint venture, the report quoted the sources as saying.It wasn't immediately clear why Deutsche Bank didn't want to be the majority owner, according to the report.Deutsche Bank, PSBC and Ares didn't immediately respond to requests for comment from MT Newswires.Price: 20.14, Change: +0.09, Percent Change: +0.45","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARES":"Ares Management L.P.","LU0971096721.USD":"富达环球金融服务 A","LU1670627923.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) ACC","JYNT":"The Joint Corp.","BK4585":"ETF&股票定投概念","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","BK4118":"综合性资本市场","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","DB":"德意志银行","BK4566":"资本集团","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","BK4135":"资产管理与托管银行","BK4588":"碎股","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","BK4552":"Archegos爆仓风波概念","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","BK4185":"保健护理机构","AACT.U":"ARES ACQUISITION CORPORATION II UNIT 1 CL A & 1/2 WT","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC"},"translate_title":"市场热议：德意志银行关于中国合资企业的谈判据称因控制权问题而结束","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARES":0.9,"JYNT":1,"DB":1,"AACT.U":0.65},"content_text":"Deutsche Bank (DB) resisted Beijing's request to increase its interest in a planned joint venture in China, ending talks between the German lender and Postal Savings Bank of China or PSBC, Reuters reported Tuesday, citing unnamed sources.The latest plan of Deutsche Bank's asset management arm DWS was for Deutsche Bank and PSBC to each own a 47.5% stake in the joint venture, with Ares Management (ARES) owning the remaining 5% interest, the sources said.Talks between Deutsche Bank, DWS and PSBC fell through after Beijing wanted the German firm to have majority control of the joint venture, the report quoted the sources as saying.It wasn't immediately clear why Deutsche Bank didn't want to be the majority owner, according to the report.Deutsche Bank, PSBC and Ares didn't immediately respond to requests for comment from MT Newswires.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: 20.14, Change: +0.09, Percent Change: +0.45","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}