January 25, 2018 / 11:03 AM / 3 months ago

Deutsche Bank's asset management unit posts net inflows in 2017

FRANKFURT, Jan 25 (Reuters) - Deutsche Bank’s asset management unit recorded net asset inflows of 15.8 billion euros ($19.61 billion) in 2017, recovering from heavy outflows the previous year, a bank presentation showed on Thursday.

In 2016, the unit saw nearly 40 billion euros in outflows as the bank struggled with legal fines in the U.S.

$1 = 0.8058 euros Reporting by Andreas Framke; Writing by Tom Sims; Editing by Maria Sheahan

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