Deutsche Bank-PSBC JV Fails
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large Chinese banksReuters
•World
World
Exclusive-Deutsche Bank talks on China JV end over disagreement on control, sources say

81% Informative
Talks between Deutsche Bank , its asset management arm DWS and Chinese lender PSBC over a joint venture in China have collapsed, sources say.
The German firm resisted Beijing 's request to boost its stake in the new venture.
Beijing introduced a new framework under which BlackRock and Goldman Sachs partnered with large Chinese banks to meet Chinese investors' needs.
VR Score
92
Informative language
97
Neutral language
80
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formal
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English
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56
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Known propaganda techniques
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