HNA trims stake in Deutsche Bank, pledges to remain significant investor

HNA trims stake in Deutsche Bank, pledges to remain significant investor

The HNA Group Co. building stands in Beijing, China, on Wednesday, Aug. 9, 2017. Photographer: Qilai Shen/Bloomberg

Deutsche Bank’s largest investor, China’s cash-strapped conglomerate HNA Group Co., reduced its stake in the German lender slightly while pledging to remain a “significant” holder as it reorganizes the financing of the stake.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter