Finance
Deutsche Bank Is Unloading $1 Billion in US Real Estate Loans
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Deutsche Bank AG is trying to offload up to $1 billion in US commercial property loans off its balance sheet, just as rising interest rates have dented profits in its real estate portfolio, according to people familiar with the matter.
The Frankfurt-based bank is marketing the loan book to unlock some capital relief, said one of the people, who asked to not be identified because the details aren’t public.