Deutsche Bank to tap investors for cash

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Deutsche Bank to tap investors for cash

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09-10-2010, 08:38 PM

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Deutsche Bank to tap investors for cash

Germany’s largest lender, Deutsche Bank, is set to embark on a €9 billion (£7.4 billion) rights issue to strengthen its balance sheet. Shares in the bank were down more than 5% in pre-market trade following the announcement. According to analysts, the cash call is set to be the first in a series of fundraisings by [...]

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