Deutsche Bank Is Nearing a Plan to Boost Capital by $10.6 Billion
- Firm said to plan selling own stock, stake in asset management
- Bank also weighing management changes, reintegrating Postbank
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Deutsche Bank AG is nearing a plan to boost capital by more than 10 billion euros ($10.6 billion) through an equity offering and the partial sale of its asset management unit, according to people with knowledge of the discussions.
The measures, which executives may review as soon as this weekend, would be a way for the bank to boost capital buffers instead of by selling its Postbank unit, said the people, who asked not to be identified because the plans haven’t been announced. Deutsche Bank is now leaning toward reintegrating the consumer banking business, the people said. No final decision has been made, they said.