Bloomberg News

Deutsche Bank Would Fail EBA Stress Test, Reuters Reports

October 13, 2011

Oct. 13 (Bloomberg) -- Deutsche Bank AG would fail a European Banking Authority stress test of European lenders currently being discussed, Reuters reported, without saying where it got the information.

The German lender would need about 9 billion euros ($12 billion) to reach a minimum core tier 1 ratio of 9 percent under an adverse stress scenario, Reuters reported, citing unidentified people familiar with the figures.

Deutsche Bank spokesman Michael Lermer declined to comment when contacted by Bloomberg News.

To contact the editor responsible for this story: Aaron Kirchfeld at akirchfeld@bloomberg.net


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