Deutche Bank expands Seoul branch capital by $160M
newscatcher
2023-09-17 09:34
Deutche Bank expands Seoul branch capital by $160M
Financial Supervisory Service (FSS) Governor Lee Bok-hyun, right, poses for a photo with Ram Nayak, co-head of investment banking at Deutsche Bank at the bank's headquarters in Frankfurt on Friday. [FSS] Germany's Deutsche Bank is increasing the capital of its Seoul branch by an additional 150 million euros ($160 million), a decision welcomed by Korea's Financial Supervisory Service (FSS). The financial regulator said that its governor Lee Bok-hyun visited the German investment bank's headquarters in Frankfurt on Friday, where Ram Nayak, co-head of investment banking, gave a briefing on the bank's latest decision to expand the capital in the Seoul unit.

https://n.news.naver.com/mnews/article/640/0000043427?sid=101

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