Last Friday a fake Deutsche Bank headline saved the market. Can they do it again?
Greatest fool found…
- *QATAR SAID TO CONSIDER RAISING STAKE IN DEUTSCHE BANK TO 25%
Remember when Korea’s SWF was going to take a stake in Lehman?
Well for now it’s working…
Even though the story is 4 hours old..
Qatari investors who own the largest stake in Deutsche Bank do not plan to sell their shares and could consider buying more if the embattled German bank decides to raise capital, sources familiar with Qatari investment policy told Reuters.
Funds controlled by Qatar’s former Prime Minister Sheikh Hamad bin Jassim al-Thani bought 6.1 percent of Deutsche in mid-2014 and increased their stake to just under 10 percent, including options, in July this year.
But it has saved the market… for now…
via http://ift.tt/2cXf1Sz Tyler Durden