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4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  CWT International Ltd    0521   HK0521001989

CWT INTERNATIONAL LTD (0521)
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HNA : German finance ministry notes possible ECB review of Deutsche shareholders, declines further comment

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07/17/2017 | 05:22pm CET

The German finance ministry has taken notice of reports that the European Central Bank was considering a review of Deutsche Bank's (>> Deutsche Bank) two largest shareholders, a spokeswoman said on Monday, declining further comment.

The German finance ministry has taken notice of reports that the European Central Bank was considering a review of Deutsche Bank's (>> Deutsche Bank) two largest shareholders, a spokeswoman said on Monday, declining further comment.

A regulatory source told Reuters that the ECB, Europe's top banking regulator, may launch a so-called ownership control procedure to scrutinize both Qatar's royal family and China's HNA (>> HNA Holding Group Co Ltd), which each own just under 10 percent of the shares of Germany's flagship lender.

"We have taken notice of the reports," the spokeswoman said during a regular government news conference. "I have nothing to add."

(Reporting by Joseph Nasr, editing by Thomas Escritt)

Stocks treated in this article : Deutsche Bank, HNA Holding Group Co Ltd
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Managers
NameTitle
Hao Hao Xu President, CEO & Executive Director
Ke Guo Chairman
Shun Sang Leung Non-Executive Director
Kai Cheung Leung Independent Non-Executive Director
Chi Kit Liem Independent Non-Executive Director
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