Qatar Fund Seeking Deutsche Bank Stake of at least 5 Percent

(Reuters) The sovereign wealth fund of Qatar is seeking a stake of at least 5 percent in Deutsche Bank, a German magazine reported on Friday. Der Spiegel, citing unidentified sources, said the Qatar Investment Authority (QIA) could buy the stake on the open market or from Chinese conglomerate HNA, which has a 6.3 percent holding in Germany’s biggest bank.

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