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Deutsche Bank plans investor day Dec. 14, 15

Wed Nov 4, 2009 10:45am EST

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FRANKFURT, Nov 4 (Reuters) - Deutsche Bank AG (DBKGn.DE) will explain the strategy behind a string of recent acquisitions at an investor day on Dec. 14 and 15, the bank said on Wednesday.

Deutsche has in recent weeks bought wealth manager Sal. Oppenheim, a stake in retail bank Deutsche Postbank (DPBGn.DE) and some assets from ABN AMRO [ABNNV.UL].

It is also sounding out potential bidders for the BHF-Bank unit of Sal. Oppenheim, sources familiar with the matter have told Reuters.

Among parties that have shown interest are French bank BNP Paribas (BNPP.PA) and Liechtenstein-based LGT, the sources said.

Bank of New York Mellon (BK.N) is the most likely buyer for BHF Asset Servicing GmbH, another source said.

Sal. Oppenheim bought BHF Bank in 2004, for 600 million euros from ING (ING.AS). (Reporting by Philipp Halstrick and Patricia Uhlig; Writing by Edward Taylor; Editing by Jon Loades-Carter and David Holmes)



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