SUBSCRIBERS
Deutsche Bank says it can repay debts in sign jitters mounting
CFO of Germany's biggest lender also assures employees that firm's "capital and risk position remains strong"
Published Tue, Feb 9, 2016 · 09:50 PM
New York
DEUTSCHE Bank AG became the largest lender in at least four years to feel compelled to reassure investors and employees that it has enough cash to pay its debts.
Germany's biggest bank said in a statement on Monday that it has more-than-sufficient means to pay coupons on its riskiest debt both this year and in 2017.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Great Eastern chairman appeals for patience as shareholders fume over share price ‘disaster’
S&P Global first-quarter profit beats estimates on strong product demand
Thai banks cut rate for some borrowers after push from PM
Money laundering accused who faces 22 charges to plead guilty on May 14
BNP Paribas beats estimates as lower costs offset trading slump
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover