Qatar buys Deutsche Bank stake

May 20, 2014 12:56 am

Qatar is set to take a stake in Deutsche Bank, as part of a planned multi-billion capital increase, Reuters has reported, citing two people familiar with the transaction. Qatar will buy new Deutsche Bank shares ahead of a rights issue targeting investors worldwide, the sources said. Germany’s flagship lender is preparing a multi-billion euro capital increase, as the country’s biggest lender aims to draw a line under investor doubts about its capital position.