This content is from:xinyabo体育
Cerberus Loses on Big Deutsche Bank Bet
G的股票erman investment bank have fallen more than 56 percent this year, but got a boost from merger rumors on Wednesday.
Cerberus’s big bet on Germany’s Deutsche Bank has fallen by more than 50 percent since the U.S. firm became Deutsche Bank’s single-biggest shareholder a year ago.The German bank’s shares have fallen 56 percent this year — and nearly 80 percent over the past five years. Prior to the financial crisis,
To continue reading,subscribe nowto Premium Journalism. Already a subscriber?Login.