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Saturday, 5 August 2017

HNA, Qatar not acting in concert at Deutsche Bank: board member in Spiegel

HNA, Qatar not acting in concert at Deutsche Bank: board member in Spiegel:

"China's HNA and Qatar have not acted in concert as shareholders of Deutsche Bank (DBKGn.DE), a board member representing the Chinese conglomerate told Der Spiegel.

HNA acquired its stake of just under 10 percent of the German lender earlier this year. Qatar's royal family has a similarly sized holding.

"The notion that HNA and Qatar acted in concert is total rubbish," supervisory board member Alexander Schuetz said in the Spiegel interview published Friday."



'via Blog this'