Deutsche Bank AG(US:DB) Zhi Tong Cai Jing·2026-01-12 08:01Group 1 - Deutsche Bank's retail and wealth management assets in India have received binding offers from Kotak Mahindra Bank Ltd. and Federal Bank Ltd., with the estimated asset size being at least $2.5 billion [1] - The ongoing negotiations between Deutsche Bank and the two bidders may still break down, as the bank previously halted a sale of its retail and private wealth business to IndusInd Bank Ltd. in 2018 due to unsatisfactory pricing [1] - Deutsche Bank currently operates branches in 16 cities across India and is narrowing its business focus to corporate and investment banking services for multinational and large domestic clients [1] Group 2 - Indian banks are expanding their operations to capture opportunities in the growing wealth management market, driven by strong economic growth and rising deposits [2] - A successful acquisition of Deutsche Bank's assets by Kotak Mahindra Bank Ltd. would strengthen its leading position in India's wealth and private banking sector [2] - For Federal Bank Ltd., completing the transaction would accelerate its transformation from a regional bank to a national financial services player, with Blackstone Group set to become its largest shareholder through a $700 million investment [2]