FRANKFURT (Reuters) - Europe's top banking regulator, the European Central Bank (ECB), is considering carrying out a review of Deutsche 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.
News of the possible review was first reported by the Sueddeutsche Zeitung on Sunday.
The ECB, Deutsche Bank, and HNA have declined to comment.
(Reporting by Arno Schuetze, Balazs Koranyi, Alexander Huebner, Frank Siebelt, Tom Sims; Editing by Edward Taylor)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app