Posted On: 02/12/2016 11:08:10 AM
Post# of 72443
Good news from the banking industry...
At the end of a turbulent week for its shares, Deutsche Bank (DB) said it planned to buy back more than $5 billion worth of its debt.
The bank said Friday its "strong liquidity position allows it to repurchase these securities without any corresponding change to its 2016 funding plan."
Deutsche shares shot up nearly 10% Friday.
At the end of a turbulent week for its shares, Deutsche Bank (DB) said it planned to buy back more than $5 billion worth of its debt.
The bank said Friday its "strong liquidity position allows it to repurchase these securities without any corresponding change to its 2016 funding plan."
Deutsche shares shot up nearly 10% Friday.
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