Deutsche Bank’s share price fell today (Friday), as unconfirmed news reports broke that the bank is planning a €9 billion equity issue to support a full acquisition of Deutsche Postbank. Investors’ reaction to the news is strange, given that lack of capital at Deutsche is supposed to be a worry to many.
Deutsche has previously let it be known that it would raise additional capital in the event it moves to a full consolidation of the German post office bank.
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