Investment bank of the Week: Deutsche Bank

This week’s sale of a $1.5bn Tier 2 bond means that almost all of a €5bn capital raising initiative announced by the German bank last month has been completed

Deutsche Bank this week eased through the sale of a $1.5bn Tier 2 bond, meaning that most of a €5bn capital raising initiative announced last month has already been completed.

In late April, the German bank announced plans to raise just under €3bn worth of stock in a surprise capital call. Deutsche Bank also said it would look to raise an additional €2bn in subordinated capital over the coming year.

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