Qatari SWF seeks to buy 5% in Deutsche Bank

Mubasher: The Qatar Investment Authority (QIA) is reportedly in talks to acquire a 5% stake in Deutsche Bank.

The Qatari sovereign wealth fund (SWF) could buy the sought stake on the open market or from China’s HNA Group, which holds a 6.3% stake in the German bank.

The QIA is negotiating the deal with Germany’s Federal Financial Supervisory Authority (BaFin), according to Reuters.

Deutsche Bank and the QIA declined to comment on the matter.

Mubasher Contribution Time: 01-Mar-2019 18:10 (GMT)
Mubasher Last Update Time: 01-Mar-2019 18:10 (GMT)