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Deutsche Bank has finally admitted – to no-one’s surprise – that it needs more capital. It has announced plans to raise 8 billion euro of new Core Tier 1 equity capital. Although everyone knew Deutsche Bank was short of capital, this admission is nevertheless somewhat embarrassing. Only last year, Deutsche Bank raised 3 billion euro with a rights issue and claimed that no further capital would be needed. Yet recently it announced plans to raise up to 1.5 billion euro of “additional capital” – debt which can convert to equity if CET1 falls below an agreed level. Now it seems even more of the best quality capital is needed as well.

“Deutsche Bank’s Latest Capital Raising Won’t End Its Problems” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

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