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Report: Qatar's royal family considers increasing stake in Deutsche Bank

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Report: Qatar's royal family considers increasing stake in Deutsche Bank

Qatar's royal family is exploring raising its stake inDeutsche Bank AG to upto 25% from about 10%, Bloomberg News reported Oct. 7, citing "people withknowledge of the matter."

Former Qatar Prime Minister Sheikh Hamad Bin Jassim Bin JabrAl Thani and the former Emir of the country, Sheikh Hamad bin Khalifa Al Thani,together with other investors, are mulling over boosting their stake to a sizethat would give them greater control over Germany's biggest bank, Bloombergreported, citing Germany's Der Spiegel.

Deutsche Bank is in settlement talks with the U.S. Department of Justiceafter the latter asked the German bank to pay $14 billion over claims that itmissold RMBS.