Did Deutsche Bank Take Tarp?
And if Yes, have they paid it back?
Was just wondering and unsure where to find the answer to this..
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No they did not, TARP was for American Institutions and someone correct me if I'm wrong, but I believe they also took no aid from the German government.
Yes, DB didn't take any aid, from the US or Germany. There was a piece in the FT a few days ago about their traders bitching that their bonuses should be significantly larger, to reflect that fact.
Only BB on the street that didn't take any aid.
So many uninformed tools on these forums.
Credit Suisse didn't take aid either.
Nor BarCap
True. Didn't mention them because many didn't consider them a BB until after they acquired LEH for a steal.
With regard to DB, in 2008 they sold 40m shares in a private placement and converted 4 of their subordinated bonds issued in '07, '08 in order to raise capital.
"Credit Suisse didn't take aid either."
yeah but they pay bonuses in a format linked to pools of distressed assets. and barclays just doesn't pay at all.
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