Deutsche Bank shares soar after new shareholder steps in | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Sunday
July 13, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SUNDAY, JULY 13, 2025
Deutsche Bank shares soar after new shareholder steps in

World+Biz

Reuters
06 February, 2020, 07:00 pm
Last modified: 06 February, 2020, 07:03 pm

Related News

  • Islamic Finance shares plunge 9% after relegation to Z category
  • Rupali Bank to issue 45.33cr shares to govt at Tk15 each
  • Sinha Fashions to sell 30 lakh LafargeHolcim shares
  • Stocks stay afloat amid a 9-month low turnover
  • Manzur Elahi's MTB shares to be transferred to nominees

Deutsche Bank shares soar after new shareholder steps in

Reuters
06 February, 2020, 07:00 pm
Last modified: 06 February, 2020, 07:03 pm
The headquarters of Germany's Deutsche Bank are photographed in Frankfurt, Germany, July 8, 2019. REUTERS/Kai Pfaffenbach/File Photo
The headquarters of Germany's Deutsche Bank are photographed in Frankfurt, Germany, July 8, 2019. REUTERS/Kai Pfaffenbach/File Photo

Deutsche Bank on Thursday revealed that Los Angeles-based Capital Group has taken a 3.1% stake, boosting shares in Germany's largest bank which has been hit by losses and misconduct scandals.

Deutsche Bank shares rose as much as 9.4% to their highest level in 15 months and marking their biggest intraday jump in almost four years. They were the top performers in the Frankfurt's benchmark DAX index.

"We are happy for any shareholders, especially those with the track record and credibility of Capital," Deutsche Bank said in a statement.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Capital Group in London declined to comment.

The scandals and more recently an aborted merger with rival Commerzbank mean Deutsche Bank is still in recovery mode more than a decade on from the global financial crisis.

Last week, Deutsche Bank plunged to a bigger than expected loss of 5.7 billion euros ($6.3 billion) for last year, its fifth consecutive loss, as the cost of its latest turnaround attempt hit earnings.

After Capital Group's investment, Deutsche Bank's largest shareholder remains the Qatari royal family, with a combined share of at least 6.1%, the bank's website showed.

That is followed by BlackRock with 4.49%, and Hudson Executive Capital with 3.14%.

Capital Group previously owned a stake in Deutsche a couple of years ago but then sold, according to a person with knowledge of the matter.

Capital decided to go in again at the end of last year, the person said, speaking on condition of anonymity.

Deutsche Bank's shares fell to record lows last year but are so far up 30% this year.

Global Economy

Deutsche Bank / shares

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infograph: TBS
    From Gulf to Southeast Asia, why Bangladeshis are facing visa denials
  • Infographic: TBS
    Dollar price plummets by Tk2.9 in a week as demand wanes
  • Screengrab blurred
    Mitford murder sparks political storm as BNP on backfoot, Jamaat and NCP pounce

MOST VIEWED

  • Representational image
    In addition to 35% tariff, US demands 40% local value addition for 'Made in Bangladesh' goods
  • RAB Director General AKM Shahidur Rahman speaks at the press briefing on a fake bomb threat on Biman Bangladesh flight on Saturday, 12 July 2025. Photo: TBS
    Mother faked bomb threat on Biman flight to stop married son from flying with girlfriend: RAB
  • Screengrab blurred
    Killers bash in head of man with rock, stomp body with perverse pleasure
  • Photo: UNB
    Saima Wazed Putul ‘placed on indefinite leave’ from WHO role amid corruption allegations
  • How tender rules and a lone bidder stall a $2.5b power plant
    How tender rules and a lone bidder stall a $2.5b power plant
  • Bangladesh and US hold tariff talks on 11 July 2025. Photo: CA Press Wing
    Dhaka, Washington yet to agree on 20% of US tariff conditions: BGMEA

Related News

  • Islamic Finance shares plunge 9% after relegation to Z category
  • Rupali Bank to issue 45.33cr shares to govt at Tk15 each
  • Sinha Fashions to sell 30 lakh LafargeHolcim shares
  • Stocks stay afloat amid a 9-month low turnover
  • Manzur Elahi's MTB shares to be transferred to nominees

Features

The 2020 Harrier's Porsche Cayenne coupe-like rear roofline, integrated LED lighting with the Modellista special bodykit all around, and a swanky front grille scream OEM Plus for the sophisticated enthusiast looking for a bigger family car that isn’t boring. PHOTO: Ahbaar Mohammad

2020 Toyota Harrier Hybrid: The Japanese Macan

15h | Wheels
The showroom was launched through a lavish event held there, and in attendance were DHS Motors’ Managing Director Nafees Khundker, CEO Imran Zaman Khan, and GMs Arman Rashid and Farhan Samad. PHOTO: Akif Hamid

GAC inaugurate flagship showroom in Dhaka

15h | Wheels
After India's visa restriction, China's Kunming is drawing Bangladeshi patients

After India's visa restriction, China's Kunming is drawing Bangladeshi patients

1d | Panorama
Photo: Collected/BBC

What Hitler’s tariff policy misfire can teach the modern world

2d | The Big Picture

More Videos from TBS

Why is there a mystery surrounding the death of 'Jalibi' actress Humaira?

Why is there a mystery surrounding the death of 'Jalibi' actress Humaira?

7h | TBS World
Why cockpit audio deepens the mystery of Air India crash

Why cockpit audio deepens the mystery of Air India crash

8h | Others
Housing officer shot in Pallavi for not paying bribe

Housing officer shot in Pallavi for not paying bribe

9h | TBS Today
BNP does not protect criminals like Sheikh Hasina: Rizvi

BNP does not protect criminals like Sheikh Hasina: Rizvi

8h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net