Equities

Reuters reveals Deutsche Bank has discussed adding assets to bad bank if sales go well

Reuters reveals Deutsche Bank has discussed adding assets to bad bank if sales go well

Reuters reported exclusively that some senior Deutsche Bank officials have discussed the possibility of putting additional problematic assets worth billions of euros into a unit it created earlier this year, if the bank is able to sell assets already held within that “bad bank.” Deutsche Bank needs more capital to be able to absorb the losses that will likely come from shedding problematic assets, such as long-dated derivatives, that are still on its books. But, after raising 29.3 billion euros ($32.3 billion) in capital over the past nine years, it does not have room to ask investors for more, Reuters sources said.