After strategy shifts, Deutsche Bank taps investors again


After strategy shifts, Deutsche Bank taps investors again
  1. After strategy shifts, Deutsche Bank taps investors again
    channelnewsasia.com
    Deutsche Bank announced details of its latest bid for cash on Sunday, as it turned for the fourth time to investors, many of whom have privately expressed exasperation with its strategic shifts and heavy losses in recent…
    Business

FRANKFURT: Deutsche Bank announced details of its latest bid for cash on Sunday, as it turned for the fourth time to investors, many of whom have privately expressed exasperation with its strategic shifts and heavy losses in recent years.

Here are key points in Deutsche Bank's strategy shifts since 2010: http://tmsnrt.rs/2mMpPUl

The rights issue represents an increase of about 50 percent in Deutsche Bank's current shares and puts the bank on course to have raised more than its 25 billion euro (US$27 billion) market value in the last seven years.

Since the financial crisis, the lender has been forced to change tack on strategy, most conspicuously in the case of Postbank, a German retail lender it bought in 2010, the same year it tapped investors for more than 10 billion euros.

Less than five years later, management announced that Postbank would be…

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