Deutsche Bank AG (NYSE:DB) (ETR:DBK) tops the list of poorly capitalized banks from leverage ratio perspective, according to a top U.S. banking regulator. “Deutsche Bank is horribly undercapitalized” remarked Federal Deposit Insurance Corporation Vice Chairman Thomas Hoening, in an interview. Emily Stephenson and Douwe Miedema of Reuters in their report indicated that Deutsche Bank AG (NYSE:DB) (ETR:DBK) raised 5 billion euros ($6.67 billion) in new debt and equity to boost its core capital ratio to around 9.5 percent. The bank’s Chief Financial Officer Stefan Krause told Reuters in an interview that the bank’s high capital ratio makes it one of the best-capitalized banks among…
Deutsche Bank Scores Poorly On Leverage Ratio Front
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports