Deutsche Bank's options to solve capital dilemma seen to be limited

Deutsche Bank's options to solve capital dilemma seen to be limited
 

Deutsche Bank (DBKGn.DE) needs to move quickly to boost capital and deliver healthy profits if it is to restore investor confidence, but its room for manoeuvre appears limited, bankers, analysts and investors say.
When John Cryan took over as chief executive last year, he announced steps to cut staff and overheads and to sell off non-core businesses. But a $14 billion fine sought by the U.S. Department of Justice (DOJ) for the bank's mis-selling of mortgage securities has exposed a potential capital shortfall of between 5 to 10 billion euros, while progress in implementing Cryan's strategy... read more

 
17 October 2016 in Business, Views: 60
Source: Reuters
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