Deutsche Bank launches €2bn DWS IPO

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Deutsche Bank launches €2bn DWS IPO

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John Cryan, CEO of Deutsche Bank, attends a press conference in Frankfurt/Main, Germany, 2 February 2018. After sustaining losses for three consecutive years, Deutsche Bank intends to be in the black again in 2018. Photo: Boris Roessler/dpa | Boris Roessler/DPA/PA Images

Deutsche Bank has launched the IPO of DWS, its asset management unit, on the Frankfurt Stock Exchange – a key plank of chief executive John Cryan’s plan to revive the troubled bank's fortunes.

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