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ECB considers review of Deutsche Bank shareholders: source

Reuters  |  FRANKFURT 

FRANKFURT (Reuters) - Europe's top regulator, the European Central (ECB), is considering carrying out a review of Bank's two largest shareholders, a regulatory source said on Monday.

The ECB may launch so-called ownership control procedures to scrutinize both Qatar's royal family and China's HNA, which each own just under 10 percent of the shares of Germany's flagship lender.

"That the ECB is investigating or considering to investigate the shareholdings is indeed accurate," said the person speaking on condition of anonymity.

of the possible review was first reported by the Sueddeutsche Zeitung on Sunday.

The ECB, Bank, and HNA have declined to comment.

(Reporting by Arno Schuetze, Balazs Koranyi, Alexander Huebner, Frank Siebelt, Tom Sims; Editing by Edward Taylor)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 17 2017. 14:59 IST