Deutsche Bank

One of the biggest shipping lender Deutsche Bank slashed credit losses by 56% in Q1 2017 to $146 million. German shipping lender Deutsche Bank revenues increased because of improved performance in the metals and mining and oil and gas portfolios. Chinese HNA Group owns stake in Deutsche Bank 9.9%.

It was reported this week that Chinese conglomerate HNA Group had increased its stake in the bank to just over 9.9%, making it the biggest shareholder.