Deutsche Bank Scores Poorly On Leverage Ratio Front

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...