Deutsche Bank has new big shareholder with Capital Group's 3% stake

Reuters

Published Apr 15, 2024 16:09

Updated Apr 15, 2024 17:13

FRANKFURT (Reuters) -Deutsche Bank, Germany's largest lender, has a new big shareholder, a regulatory filing showed on Monday.

Capital Group holds 3.04% of the bank, up from 0.1% previously, the disclosure showed.

Capital Group and Deutsche Bank (ETR:DBKGn) declined to comment.

The U.S. investor had a stake of more than 5% in Deutsche Bank before selling it down considerably, starting in 2022, filings show.