Deutsche Bank shares slide 4 percent on report of capital raising for merger with Commerzbank

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Shares of Deutsche Bank and Commerzbank slipped after a report in the Financial Times stated that the former is in talks to raise as much as 10 billion euros ($11.2 billion) in fresh equity to support their potential merger.

div > div.group > p:first-child"> The report published Thursday, citing people familiar with the talks, said executives from Deutsche Bank have been looking at a plan to raise equity of between 3 billion euros and 10 billion euros.

"It is much too early at this stage of the due diligence process to make a credible assessment if there is any potential capital need at all.", a spokesperson from Deutsche Bank told CNBC Thursday.

 

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