Deutsche Bank is hardly rolling in it. At the end of the first quarter Frankfurt's finest posted a lower-than-expected core tier one ratio of 7.5 per cent – down 120 basis points from the year-end, thanks largely to its €1.3bn cash acquisition of the wealth manager Sal Oppenheim. Yet the bank will still find another €640m or so to support the capital raising of Beijing-based Huaxia, China's 13th largest lender by assets, taking its stake from 17.2 per cent to 19.99 per cent, the maximum allowable.
德意志銀行(Deutsche Bank)稱不上錢多得沒處花。截至第一季度末,這家「法蘭克福最佳銀行」的核心一級資本比率爲7.5%,低於預期水準,較去年末下降了120個基點,主要因爲動用了13億歐元現金收購財富管理公司Sal Oppenheim。可是,接著德銀還要再拿出6.4億歐元,用於支持中國華夏銀行(Huaxia)的融資,將持股比例從17.2%增至19.99%的上限。按資產規模計算,華夏銀行是中國第13大銀行,總部設在北京。