Deutsche Bank Studied Credit Suisse Deals Before Overhaul (1)

Feb. 24, 2023, 8:48 AM UTC

Deutsche Bank AG looked at buying parts of Credit Suisse Group AG assets as recently as last fall after the Swiss firm became engulfed by a series of scandals and financial hits, according to people with knowledge of the matter.

The German lender analyzed individual businesses such as the Swiss firm’s asset management and wealth management units, people familiar with the matter said. The plan inside Deutsche Bank was to be able to move should attractive parts of the bank come on the market, the people said.

The project has been on hold since Credit Suisse announced an overhaul in ...

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