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 . . .
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