Deutsche Bank will today publish full details of its sovereign debt holdings, after its shares came under pressure, and European regulators criticised it and other German banks for withholding publication agreed as part of the pan-European stress tests.
The German bank's shares fell as much as 3.5 per cent in early trading yesterday, with market commentators blaming the fall on the non-disclosure, as well as profit taking ahead of results. The stock later recovered, but Deutsche was still among the poorest performers among European banks.
The Committee of European Banking Supervisors (CEBS), the umbrella body for banking regulation across the European Union, late on Friday published the results of stress tests, showing that seven of the 91 banks that underwent the exercise failed to meet the criteria of a 6 per cent tier-one capital ratio.