Deutsche Bank $8.5 billion cash call, what’s next? - Panmure Gordon

Deutsche Bank ditched the original turnaround plan and approved new measures - plans to raise about $8.5 billion in a share sale, selling a piece of the asset-management business and abandoning the sale of the consumer-banking unit.

Panmure Gordon Senior Market Commentator David Buik joins us to discuss whether these measures will mark the turnaround in Deutsche Bank’s fortunes.

Also discussed is whether Trump would make America wait for a long time as congress is unlikely to approve the watered down version of banking regulatory acts.

For Buik, UK Budget is as good as a non-event.

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