Commerzbank AG, the loss-making German bank that got 18.2 billion euros ($24 billion) in state aid, fell for a fourth day as Chief Executive Martin Blessing prepared to carry out the fifth capital increase in four years.
Deutsche Bank AG agreed to sell its BHF-Bank unit to RHJ International for 384 million euros ($497 million) after year-long talks on a deal that helps Germany’s biggest lender meet tougher capital requirements.
Deutsche Bank AG is considering reducing bonuses for investment bankers in Europe by as much as 20 percent on average for 2012, while bankers in New York will see smaller declines, said four people briefed on the matter.
Deutsche Bank AG, Germany’s biggest bank, was asked by the nation’s financial regulator BaFin to simulate a split of its consumer banking and trading businesses, said two people with knowledge of the situation.
Commerzbank AG fell to the lowest price in more than two years in Frankfurt trading as Germany’s second-biggest bank said it plans to raise about 5.3 billion euros ($7.5 billion) selling new shares to help repay state aid.