Deutsche Bank Boosted Liquidity Coverage Ratio In March By Swapping Assets Worth Billions Of Euros For Cash, Govt Bonds; Liquidity Trades Drew Queries From Ecb As Part Of Regular Exchanges
Portfolio Pulse from Happy Mohamed
Deutsche Bank increased its liquidity coverage ratio in March by swapping assets worth billions of euros for cash and government bonds. The liquidity trades drew queries from the European Central Bank as part of regular exchanges.
May 26, 2023 | 2:56 pm
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Deutsche Bank improved its liquidity coverage ratio by swapping assets for cash and government bonds, attracting attention from the European Central Bank.
Deutsche Bank's move to improve its liquidity coverage ratio is a positive step for the bank's financial stability. However, the attention from the European Central Bank may raise concerns about the bank's practices. The overall impact on the stock price is expected to be neutral in the short term.
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