Deutsche Bank Plans $8.5 Billion Capital Raising, Partial Asset Management IPO

Deutsche Bank said Sunday it will raise 8.5 billion in new capital and plan the partial sale of its asset management business as it attempts to strengthen its balance sheet. Deutsche Bank said Sunday that it will raise a 8.5 billion in new capital and plan the partial sale of its asset management business as it attempts to strengthen its balance sheet following a multi-billion settlement with U.S. legal authorities.