Deutsche Bank may be holding its hand to investors to pay for the major reorganization that it stands for. That is what Bloomberg press agency writes based on insiders. The bank is forced to turn to Plan B after the intended merger with Commerzbank was cancelled.
The bank’s management is allegedly explaining its strategy within two months. The bank’s management would be aware of the negative consequences of a capital increase on the bank’s market value.
At the Deutsche Bank shareholder meeting, CEO Christian Sewing announced the necessary interventions in the wake of the collapsed merger plans. Among other things, the knife is cut in Deutsche Bank’s investment bank.