Deutsche Bank AG’s largest non-institutional shareholder is looking to give the bank a large cash infusion but mostly backed by a margin loan, according to media reports Friday. U.S.-traded shares of Deutsche Bank surged briefly, rising as much as 3% following reports, and were last up 1.2% at $13.69. According to FactSet data, Al Thani Hamad Bin Jassim Bin Jabor, the former prime minister of Qatar, owns a 10% stake in Deutsche Bank. Sheikh Hamad is planning on providing a $2.9 billion cash infusion to Deutche Bank, with about $2 billion of that coming from a $2 billion margin loan from the Qatar National Bank, according to Bloomberg News. The move would back reports that Qatari investors are considering increasing their stake in the bank even as it has potentially lost $1.2 billion on their investment, according to Reuters. The bank has been under pressure lately from reports it could pay as much as a $14 billion fine to the Justice Department, squeezing its balance sheet.
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