Skip to main content

Deutsche Bank’s Largest Shareholder Wants Some Assurance Deutsche Bank Won't Run Itself Into The Ground

Qatar is just a slight bit nervous.
  • Author:
  • Updated:
By Chatham House [CC BY 2.0], via Wikimedia Commons

via Wikimedia Commons

Don’t get Sheik Hamad bin Jassim al-Thani wrong: He’s thrilled to have been given the opportunity to lose €1 billion of his and his family’s money on Deutsche Bank over the last couple of years. Hell, give him the opportunity (and Deutsche Bank might just have to, since they’ve nowhere else to go), and he might just boost his already 10% stake in the bank.

And it’s not that the former Qatari prime minister is annoyed with John Cryan & co. Not particularly. He would just like to be sure that Cryan’s doing what’s necessary to both get this U.S. mortgage settlement dealt with ASAP while also not running what’s left of Deutsche Bank’s business into the ground. Cool?

The sheik lately has sought assurances that the bank is doing everything possible to resolve looming settlements with the U.S. Justice Department while also managing the business, the people said….

They are concerned about an erosion of profits and loss of talent in key businesses like investment banking and asset management, the people say. The asset-management business has had three leaders in the past 18 months, and managers have been in the position of reassuring both clients and employees of the bank’s commitment to it, people close to it say.

The Qataris have sought assurances that Deutsche Bank executives and its supervisory board are actively weighing all options, including a sale of the asset-management business, should legal fines or other factors press them to take more-dramatic steps than planned earlier.

Deutsche Bank’s Top Investor, Qatar, Is Getting Worried About the Lender’s Outlook [WSJ]



Qatari Investors Still Like Deutsche Bank But They Don't "Like Like" It

The Qataris would piss on Deutsche Bank if it was on fire...but not enough to put out the flames.

(Getty Images)

Deutsche Bank Discovers Rare Good, Marketable Idea

A cheap and easy way to profit from the junk-bond collapse!


Robots To The Rescue At Deutsche Bank

John Cryan's gonna see if computers can catch his rogue traders, because his compliance people sure as hell can't.

(Getty Images)

First Installment of ‘Good News At Deutsche Bank’

John Cryan won't have to spend the bank's final few pfennigs on a class-action mortgage settlement.


Deutsche Bank Is A Hedge Fund

Scheiße Capital Management is having a rough day.

By Nordenfan (Own work) [CC BY-SA 4.0], via Wikimedia Commons

Deutsche Bank Flung Itself Willingly Into The Gaping Maw Of The Financial Crisis

The DOJ's long-awaited settlement shows the German lender had come to terms with approaching oblivion.


Deutsche Bank To Save Itself By Becoming Less Of A Bank

If it’s the slightest bit risky, it’s too risky a business line for the Germans.