Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.Marketsread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
The conglomerate's head of investor relations released a more detailed statement about accounting practices under fire from Harry Markopolos.Marketsread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Amid the headlines of stores closures and retail bankruptcies, it can be tough to accept that the U.S. consumer is doing just fine.Retailread more
Goldman notes that high-dividend payers are trading at their largest valuation discount in nearly 40 years.Marketsread more
We tested the best way to cut the airport commute time for New Yorkers. The most expensive of the four options we reviewed, Uber Copter, was only 14 minutes faster than mass...Transportationread more
There were no more bids after $17 million. Since $17 million was below the reserve price -- or minimum required by the seller — RM Sotheby's pulled the lot.Autosread more
Sources with knowledge of the matter had told CNBC on Wednesday that the 299.8 million in new shares would price at between 21 euros and 21.50 euros.
The price still represented a 24 percent discount on the German banking giant's share price. Its stock was roughly flat at 29.81 euros after the pricing details of the issue were announced.
However, shares then declined to close down almost 3 percent, at 28.90 euros.
Read MoreTrack shares of Deutsche Bank here
The new shares will be available in Germany, the U.K. and the U.S. from Friday. Deutsche Bank shareholders may acquire five new shares for every 18 existing shares during the subscription period, which is expected to run from June 6 and June 24.
Gross proceeds from the issue will amount to 6.75 billion euros, with a further 1.75 billion euros to come from shares placed with Paramount Holdings Services, an investment vehicle owned and controlled by Sheikh Hamad Bin Jassim Bin Jabor Al-Thani, a member of the Qatari royal family. Al-Thani purchased 60 million shares at 29.20 euros.
The hike is aimed at improving Deutsche's capital ratio, providing a buffer for future regulatory requirements and supporting business growth. It should increase the bank's common equity tier 1 ratio, a key measure of a bank's ability to withstand an economic shock, to 11.8 percent, up from 9.5 percent at the end of March this year.
"We have taken decisive steps to protect Deutsche Bank against known capital challenges, sharpen our competitive edge, and accelerate investments in growth in all our business divisions," said Jürgen Fitschen and Anshu Jain, co-chief executive officers at Deutsche, in a news release on Thursday.
The new shares are expected to be listed on the German stock exchange and the New York Stock Exchange from June 25.