The largest bank in Germany has announced the sale of its stake in the Chinese bank Hua Xia. The deal will bring to Deutsche Bank almost $4 billion and will help to solve all existing problems. Such as debts, profit losses and the necessity to reduce staff. This deal is obviously very successful for Deutsche Bank, and it may be noted, that the market has already reacted to the sale quite positively.
The value of Deutsche Bank shares has already increased by 2.39% and still continues to rise. Traders have a great opportunity to earn money on a further growth. Trading will be available during the European session, from 7:00 to 15:30 GMT time.
The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.