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Qatar unlikely to raise stake in Deutsche Bank (DB) to 25% - Reuters

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Qatar Said to Consider Raising Stake in Deutsche Bank (DB) to 25%

October 7, 2016 12:00 PM EDT

Qatar said to consider raising stake in Deutsche Bank (NYSE: DB) to 25, according to Bloomberg.

Sheikh Hamad Bin Jassim Bin Jabr Al Thani, former Prime Minister of the Gulf State, and the former Emir of the country, Sheikh Hamad bin Khalifa Al... More

Deutsche Bank (DB) Ratings Affirmed by S&P Amid Regulatory Scrutiny

October 7, 2016 11:49 AM EDT

S&P Global Ratings said today that it affirmed its 'BBB+/A-2' counterparty credit ratings on Deutsche Bank AG (NYSE: DB). The outlook is negative.

At the same time, we affirmed the ratings on Deutsche Bank's debt issues and affirmed the counterparty credit ratings on certain related entities.

The rating affirmation reflects our assessment of the amount that Deutsche Bank is likely to pay to settle civil claims brought by the U.S. Department of Justice (DoJ) related to issuance and underwriting of residential mortgage-backed securities (RMBS) in 2005-2007. Deutsche Bank... More

German companies consider taking symbolic stake in Deutsche Bank: source

October 7, 2016 10:36 AM EDT

By Edward Taylor and John O'Donnell

FRANKFURT (Reuters) - Some of Germany's top industrial companies have revived a decades-old network to discuss the possibility of taking a symbolic stake in Deutsche Bank, aiming to help it through its current turmoil, an executive at one of the firms told Reuters.

If such a support plan went ahead, it would mark a reversal of roles from the years of the post-war economic miracle till the 1990s, when Deutsche owned chunks of German industry, coming to the rescue of some that ran into trouble.

The discussions have... More

Qatar won't sell Deutsche Bank shares, might buy more: sources

October 7, 2016 6:27 AM EDT

By Tom Finn and Kathrin Jones

DOHA/FRANKFURT (Reuters) - Qatari investors who own the largest stake in Deutsche Bank do not plan to sell their shares and could consider buying more if the embattled German bank decides to raise capital, sources familiar with Qatari investment policy told Reuters.

Funds controlled by Qatar's former Prime Minister Sheikh Hamad bin Jassim al-Thani bought 6.1 percent of Deutsche in mid-2014 and increased their stake to just under 10 percent, including options, in July this year.

But Germany's biggest bank has been engulfed by a crisis of confidence since... More

UPDATE: Deutsche Bank (DB) Said to Weigh Capital-Raising Options with Banks - Bloomberg

October 6, 2016 5:26 PM EDT

(Updated - October 6, 2016 5:32 PM EDT)

Deutsche Bank (NYSE: DB) is holding informal talks with securities firms to explore options including raising capital should legal bills require it, according to Bloomberg, citing people familiar with discussions.

Senior advisers at top Wall Street... More

Two big hedge funds unwind bets against Deutsche in sign of confidence

October 6, 2016 3:04 PM EDT

By Maiya Keidan and Svea Herbst-Bayliss

LONDON/NEW YORK (Reuters) - Two leading hedge funds which made big bets on Deutsche Bank shares falling are now reducing their "short" positions, in a sign of confidence in the stability of the lender.

Germany's biggest bank has been in turmoil since mid-September when it said U.S. authorities were demanding up to $14 billion to settle claims that it missold U.S. mortgage-backed securities before the financial crisis.

Hedge funds can take bets against companies - known as short positions - by borrowing the stock... More