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Analysts take 'hats off' to Deutsche Bank cash call

German bank's €8bn capital raising provides a further shot in the arm for FIG issuance in Europe this year

Analysts gave the thumbs up to Deutsche Bank’s €8 billion cash call this morning – a deal that provides another shot in the arm for Europe’s financial institutions bankers this year.

The German bank announced on Sunday that it planned to raise around €8 billion by way of a rights issue. The Qatari royal family has already snapped up €1.75 billion through its Paramount Services Holdings vehicle, the announcement said.

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