Thursday

8th Dec 2016

Ticker

Report: Deutsche Bank got special treatment in EU tests

The European Central Bank let German lender Deutsche Bank include proceeds from the sale of shares in Hua Xia, a Chinese lender, in EU stress tests in 2015 even though the sale had not yet been completed, the Financial Times reports. The move made DB appear to have more capital in stock for a rainy day than it really did. The ECB did not let other banks include incomplete deals.

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