Deals
Deutsche Bank May Swell $14 Billion Selloff in China Bank Stakes
- Foreign lenders cut their holdings to free up capital
- China banks trade below book value as profit growth cools
Deutsche Bank's $7 Billion Loss: The Breakdown
This article is for subscribers only.
Deutsche Bank AG’s signal that it may sell a $3.5 billion stake in Huaxia Bank Co. shows the fading appetite among global lenders for tie-ups with their Chinese counterparts.
That’s a turnaround from before the global financial crisis, when Deutsche Bank, Goldman Sachs Group Inc. and Bank of America Corp. were among those buying in, often ahead of firms’ listings.