Europe Breaking News: Deutsche Bank CFO Sees no Capital Transfer to U.S. Unit

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Europe Breaking News: Deutsche Bank CFO Sees no Capital Transfer to U.S. Unit

by Wochit 0:50 mins

Europe Breaking News: Deutsche Bank CFO Sees no Capital Transfer to U.S. Unit

by Wochit 0:50 mins

Germany's Deutsche Bank will not need to transfer capital holdings to its U.S. subsidiary to meet the U.S.'s stricter regulatory requirements. CFO Stefan Krause was quoted as saying. "Because of the Americans' definition of capital, we can use supplementary capital to fulfill these requirements," BBC Wimbledon Ratings Hit High as 10.4 Million Tune in to Watch Andy Murray. The peak audience of 13.2 million topped last month's season finale of Simon Cowell's "Britain's Got Talent." ECB policymaker Christian Noyer said the European Central Bank's decision to break with precedent by declaring it would keep interest rates at record lows for an extended period is fully in line with its mandate.

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