Deutsche Bank AG said Sunday it will seek to raise €8 billion ($8.5 billion) through a share sale, a move to shore up the German lender’s capital less than two years into a major restructuring under Chief Executive John Cryan. The fundraising plans confirm many investors’ expectations that Deutsche Bank would be forced to tap the market for the third time since early 2013. Since taking over in mid-2015, Mr. Cryan said he wanted to avoid selling shares, which will hurt existing shareholders. The bank also said it would...

Source: Wall Street Journal March 05, 2017 16:10 UTC