The equity derivatives are short-dated and expected to attract a lot of interest from buyers, meaning Deutsche Bank may not have to take a discount to offload them. The bank’s longer-dated interest rate and credit derivatives are expected to be much harder to sell, as they require high levels of capital to be held against them, and could require deep writedowns, sources familiar with the situation said.
BNP expressed its interest in Deutsche Bank’s equity derivatives business earlier this year but the German lender decided against entering into exclusive talks having also received interest from other parties, sources told Reuters.
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