Deutsche Bank CFO sees no capital transfer to U.S. unit -paper

BERLIN, July 6 Sat Jul 6, 2013 10:09am EDT

BERLIN, July 6 (Reuters) - Germany's Deutsche Bank will not need to transfer capital holdings to its U.S. subsidiary to meet the U.S.'s stricter regulatory requirements, Boersen-Zeitung reported on Saturday, citing an interview with finance chief Stefan Krause.

"Because of the Americans' definition of capital, we can use supplementary capital to fulfil these requirements," CFO Krause was quoted as saying. "For that reason, a transfer of capital from Germany will not be necessary here."

U.S. regulators are planning stricter rules on how much equity foreign lenders must hold.

Banks complain equity is the most expensive way to fund their business, but it is the safest from a taxpayer's or a regulator's perspective. That is because shareholders are the first to lose their money in case of bankruptcy.

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see
Comments (2)
morgana378 wrote:
Where’s the rest of it? Yeah, DB and bankruptcy,…yeah,…yeah,…and?

Jul 06, 2013 7:17pm EDT  --  Report as abuse
morgana378 wrote:
Deutchebank – bankruptcy,…AND?

Jul 06, 2013 7:18pm EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.