Wind-down of Deutsche’s ‘bad bank’ slows
Deutsche Bank said the size of its capital release unit (CRU), or ‘bad bank’, would be “higher than anticipated” going into 2022, and drag on its leverage ratio.
In a special call with investors, the German giant said it expected the leverage exposure of the CRU to be around €51 billion ($61.6 billion) as of end-2022. When the ‘bad bank’ was originally created in Q3 2019, Deutsche planned for it to be “mostly unwound” by then, and account for just €9 billion of leverage exposure.
In a
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk Quantum
Risk management
Union beckons for the three quant tribes
Studies may be deferred, but future for grads is bright, argues UBS’s Gordon Lee
Receive this by email