German companies consider taking symbolic stake in Deutsche Bank - source

German companies consider taking symbolic stake in Deutsche Bank - source
 

Some of Germany's top industrial companies have revived a decades-old network to discuss the possibility of taking a symbolic stake in Deutsche Bank, aiming to help it through its current turmoil, an executive at one of the firms told Reuters.
If such a support plan went ahead, it would mark a reversal of roles from the years of the post-war economic miracle till the 1990s, when Deutsche (DBKGn.DE) owned chunks of German industry, coming to the rescue of some that ran into trouble.
The discussions have involved a handful of blue-chip firms, covering whether they should club together to buy... read more

 
7 October 2016 in Business, Views: 42
Source: Reuters
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