Deutsche Bank to Hold Higher Capital Buffer in 2023
02 Januar 2023 - 09:12AM
Dow Jones News
By Ed Frankl
Deutsche Bank AG said it will have to back its business with
more capital in 2023 than last year, based on European Central Bank
regulations.
The German lender said Friday that its pillar 2 capital
requirements will rise by 20 basis points to 2.7% under the ECB's
supervisory review and evaluation process, known as SREP.
"The increase is driven by the ECB's newly introduced separate
assessment of risks stemming from leveraged-finance activities,"
Deutsche Bank said.
The ECB's requirements for Deutsche Bank's common equity tier 1
capital ratio will be 10.55%, higher than the 10.43% at the end of
September 2022, the Frankfurt-based lender added.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
January 02, 2023 02:57 ET (07:57 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Deutsche Bank Aktiengese... (NYSE:DB)
Historical Stock Chart
Von Feb 2024 bis Mär 2024
Deutsche Bank Aktiengese... (NYSE:DB)
Historical Stock Chart
Von Mär 2023 bis Mär 2024