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Deutsche Bank to Tap Market for $8.5 Billion

Deutsche Bank AG said Sunday it will seek to raise €8 billion ($8.5 billion) through a share sale, a move aimed at shoring up the German lender’s capital less than two years into a major restructuring under Chief Executive John Cryan.

It is keeping the Postbank retail-banking business in Germany it had sought for two years to sell. And it is recombining its corporate-finance and deal-advisory business with its sprawling trading unit, following a costly move to split them in late 2015.

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