UBS, Deutsche Bank in asset management merger talks - Financial Times
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(Reuters) - The asset management arms of Deutsche Bank AG and Swiss bank UBS Group AG are in "serious" merger talks, the Financial Times reported on Tuesday, citing people familiar with the discussions. The talks have been going on for two months, the newspaper reported, adding that if the deal were to materialise, the combined business would have just over 1.4 trillion euros (1.21 trillion pounds) of assets under management. A structure under consideration is for UBS to hive off its asset..