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IPFS News Link • Germany

Still No Deutsche Bank Agreement: Dillutive Stock Sale Coming Up?

• https://mishtalk.com, by mishgea

It said it was not talking with the German government about a bailout, but it was; It said it would not need to raise capital but it does; It said it could afford to pay the department of Justice fine of $14 billion but it cannot.

This weekend, there is still no agreement with the US department of justice over reducing the fine, but rumors have circulated that Qatar's royal family is considering increasing its stake in Deutsche Bank to as much as 25 percent. There are also rumors Deutsche Bank will raise capital by selling shares.

"Deutsche Bank AG Chief Executive Officer John Cryan failed to reach an agreement with the U.S. Justice Department to resolve a years-long investigation into its mortgage-bond dealings during a meeting in Washington Friday, Germany's Bild newspaper reported.


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