Deutsche Bank Considers Subletting Zig Zag Offices in London
- Building houses Deutsche Bank wealth management and DWS Group
- People familiar with the matter said no decision has been made
The Zig Zag building
Source: Google Street View
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Deutsche Bank AG is considering subletting the London offices occupied by its wealth management business and its asset-management arm DWS Group, according to people with knowledge of the matter.
The bank has discussed the possibility of moving staff out of the Zig Zag building near Westminster Cathedral, though no decision has been made, said the people, who asked not to be identified because the deliberations are private. Deutsche Bank signed a 15-year lease for the property with Land Securities Group Plc and started moving employees in two years ago. Property Week reported the news earlier.