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Deutsche Bank Avoiding Capital Increase as Jain Sees Pain

Deutsche Bank AG co-Chief Executive Officer Anshu Jain is instilling confidence in shareholders that he’s able to restructure Europe’s biggest lender by assets without asking them to pay for it.

Jain, 50, pledged to do everything to avoid selling shares to raise capital, telling a news conference in Frankfurt yesterday that a 2.17 billion-euro loss ($3 billion) for the fourth quarter showed Deutsche Bank’s new management is ready to “take pain” as it bolsters company finances.