German companies ready to provide capital for Deutsche Bank - Handelsblatt

German companies ready to provide capital for Deutsche Bank - Handelsblatt
 

The chief executives of several German blue-chip companies have discussed Deutsche Bank's (DBKGn.DE) problems and are ready to offer a capital injection if needed to shore up Germany's largest lender, newspaper Handelsblatt reported on Thursday.
In a source-based report, the German newspaper said that under an emergency plan the participating companies would purchase Deutsche Bank stock to boost its reserves.
The capital injection that has been discussed is in the low single-digit billions of euros, the paper said, adding that Berlin welcomed the private-sector intervention.
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6 October 2016 in Business, Views: 41
Source: Reuters
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