Deutsche Bank Needs To Raise Much More Capital: SocGenMark Melin
After Deutsche Bank AG (USA) (NYSE:DB) (FRA:DBK) added €8 Euro ($10.97 billion) in equity to its balance sheet Sunday, the bank still falls short and the market should be concerned says Societe Generale in a research report published today.
“DBK needs €13bn of equity to improve its fully-loaded leverage ratio to 4.0% by end-2015, which would bring it within touching distance of the bottom of the global I-Banks peer group,” the report said. “We therefore argue that Deutsche Bank AG . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click chat