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Friday, March 27, 2020 Some Asset Manager's Parents Are Shielding Jobs Mid-Crisis Fundsters at several publicly traded banks' asset management arms may be breathing a little easier this week, and not just because the markets are up a few days in a row after some rough weeks in light of the coronavirus crisis.
Reuters notes that Deutsche Bank (the parent of publicly traded asset manager DWS) and Wells Fargo (the parent of Wells Fargo Asset Management) are both pushing pause on their job cuts. Printed from: MFWire.com/story.asp?s=61076 Copyright 2020, InvestmentWires, Inc. All Rights Reserved |