Troubled German lending giant Deutsche Bank hopes to complete the proposed partial flotation of its asset management arm before the end of the year , a source told Germany 's Handelsblatt newspaper . The bank has set a deadline of 24 months to get the deal through . If Deutsche Bank sells a 20 to 30 percent stake as expected, it could bring in up to €2.4 billion. The deal is part of plans to raise € ##500 ( $ 11bn ) to save the bank from financial mire . A 20 % to 30 % stake in the bank could also be sold for up to € ##500 , according to analysts .
Troubled German lending giant Deutsche Bank hopes to complete the proposed partial flotation of its asset management arm before the end of the year , a source told Germany 's Handelsblatt newspaper . The bank has set a deadline of 24 months to get the deal through . The deal is part of plans to raise € ##500 ( $ 11bn ) to save the bank from financial mire . A 20 % to 30 % stake in the bank could also be sold for up to € ##500 , according to analysts .