Deutsche Bank said the Capital Group holding is 'a clear vote of confidence in our strategic transformation and its implementation'

US investor Capital Group has increased its stake in German lender Deutsche Bank.

A filing on 13 October showed Capital had hiked its shareholding in Deutsche through its Euro Pacific Growth Fund on 6 October to 3.61%, 

 to the 3.74% stake the group acquired via a separate vehicle in March.

Capital Group ups stake in Deutsche Bank to 7.35%

Emily Nicolle

Deutsche Bank

Commerzbank

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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Capital Group ups stake in Deutsche Bank

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