Deutsche Bank Gets Relief as Germany Lowers a Capital Buffer
- Buffer to strengthen banks for bad times to be cut to zero
- Move will free up more than $5.5 billion at lenders in Germany
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Germany’s financial watchdogs eliminated a key capital requirement for the country’s banks to keep credit flowing and give flexibility to lenders such as Deutsche Bank AG and Commerzbank AG that have been hit hard by the recent selloff in stocks and credit risk.