Global bankers reinventing dealmaking basics amid coronavirus outbreak

Deutsche Bank has almost doubled the debt it holds of Altico Capital to $42 million in the last four months.

Existing investors including Eight Roads Ventures, F-Prime Capital, and Cisco Investments joined the round.

Senior employees are said to be taking the biggest hit.

Intermediate Capital Group is buying a majority of the bank’s private-equity assets in a transaction valued at about 790 million pounds ($997 million).