German banks can also collapse. This is what happened to Deutsche Bank e Commerzbank. An anonymous investor would have sold packages of shares, sending two of the most important credit institutions in Germany into crisis.
Among the possible perpetrators, according to the international agency Reutersthere could be Capital Group. The US company has owned 5.20% of Deutsche Bank since November last year. Another suspect is Blackrock which instead owns 5.23%, according to a survey of 2020. To validate these numbers the internet page of the institute. A coincidence, however, is that the same companies have more or less the same stakes, or more than 5%, in Commerzbank as well. This was revealed in the appropriate section of the bank’s website. In this reality, however, the majority shareholder remains the Federal Republic of Germanya with 15% of the shares.
Nor should we underestimate a number of minor shareholders who have sprung up in recent years. In Deutsche Bank 3.18% of the shares, from 2020, for example is attributable to Douglas Braunstein (Hudson Executive Capital). In Commerzbank, then, the investment fund plays a primary role Wellington with over 3% of total shares.
Therefore, the possible suspects are different with respect to the yellowApril 11th. On that date, a mister x whose identity is not yet known sold 116 million of Deutsche Bank shares e 72.5 million of Commerzbank securities. These are capital shares exceeding 5% percent. We are therefore talking about an operation with a total value of approx 1.75 billion of Euro. The real mystery remains above all the selling prices. The seller would have taken all stock a 10,68 euro. This means that there was an 8 percent discount on the previous stock market close.
The case of German banks, however, will not remain a mystery for long. As foreseen by the law, in the coming days, those who have shareholdings will have to communicate it. In this way everything will be clear and it will finally be possible to understand who, in a moment of profound uncertainty due to the war, has thought of sending two undisputed points into crisis for those who have savings in Germany.
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