Asset manager BlackRock supports Deutsche Bank’s intention to remain a global investment bank but is noncommittal as to whether its retail banking operations, currently under management review, should be part of its strategy.

"I think that there should be banks in Europe that serve their clients around the globe," BlackRock Chief Executive Laurence Fink told magazine Der Spiegel in an interview published Friday. BlackRock holds about 6.2% in Deutsche Bank, making it the single-largest shareholder.