Morning Scan: Deutsche to Boost Capital; Reports of a New HUD Head

05/19/14

Receiving Wide Coverage ...

Capital News? Deutsche Bank announced Sunday plans to raise $11 billion in capital by selling new stock to shareholders and the royal family of Qatar. The capital raise is intended to ease regulatory concerns about the German lender's ability to weather potential losses; its Tier 1 capital ratio would rise from its current 9.5% to 11.8%. But media coverage suggests that some investors may not be celebrating. Issuing 360 million new shares...

[more]