AMP Ameriprise Financial Inc

Deutsche Bank AG (DB) is selling its global asset management business for about EUR2 billion, attracting as many as 50 interested parties, the Financial Times reported Thursday citing people familiar with the matter.

Initial bids are due in the spring, with interested parties such as Wells Fargo & Co. (WFC), Royal Bank of Canada (RY) and Ameriprise Financial Inc. (AMP), the people told the newspaper.

Full story at http://www.ft.com/cms/s/0/746f1f0a-2739-11e1-b7ec-00144feabdc0.html#ixzz1ge5LNcQJ

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