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Deutsche Bank and LGT Group agree on key points of the sale of BHF-Bank


Deutsche Bank and LGT Group have agreed on important aspects of the sale of BHF-Bank to LGT Group.

The two parties have agreed to conduct exclusive negotiations, effective immediately, concerning the sale of BHF-Bank.

The negotiations to finalize the contractual details should be completed during the first quarter of 2011.

The two companies have also agreed to maintain confidentiality until then.

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 80,000 employees in 73 countries, Deutsche Bank offers a comprehensive range of services around the world. The bank competes to be the leading global provider of financial solutions for demanding clients, creating exceptional value for its shareholders and people.


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