Verblassender Glanz der DB Kapital-Strukturen?

Deutsche Bank’s Capital Trick Will Be Hard to Repeat
What capital hole?
Deutsche Bank has closed the gap on more capital-secure peers by selling noncore assets and refining its risk models, thereby avoiding the need to tap or dilute existing investors. Other banks have done fancy footwork like this. But Deutsche Bank has been characteristically aggressive.
The moves raise the German bank’s core capital ratio to 8 percent under Basel III by year-end, and put Deutsche Bank on course to be within the European banking pack by the end of March, albeit at the rear. All told, the various measures taken in the second half of last year were equivalent to an 8 billion euro cash call.
Dominic Elliott, NYT