Deutsche Bank, seeking to raise $11.6bn of capital, braced investors for a deepening trading slump and potential damage to its business from international probes of currency rigging and hiring practices.
Martin Blessing is one of the most resilient bank chiefs in Europe. He has remained at the top of Commerzbank since 2008 even after an ill-fated takeover, a record loss and a writedown on Greek debt.
Europe's banks were bracing themselves over the weekend for much anticipated cuts in the eurozone's commercial interest rates to boost the currency zone's struggling economy.
Deutsche Bank sold about 60m shares to the Qatari royal family as it announced plans to raise 8bn euros ($11bn) in its second-biggest capital increase.
Euro zone inflation picked up in April, but remained below expectations, maintaining pressure on the European Central Bank (ECB) to stimulate the economy.
The European Central Bank (ECB) still plans to take action to combat the problem of low and falling inflation despite holding off and disappointing markets over the past few months, Portugal's finance minister told CNBC.
Inflation in the euro zone surprised by falling more than expected in January - to the level at which the European Central Bank last cut interest rates.
The decade and a half after the tearing down of the Berlin Wall was a golden age for central banks.
When Frankfurt social worker Stefan Mohr needed a new location for the troubled children he works with to express themselves through spray paint and graffiti, it did not take him long to find a potential site.
The European Central Bank took a "pragmatic and realistic" approach to the euro zone when it cut interest rates last week, the CEO of UBS Sergio Ermotti told CNBC.