Formed in 2009, the Archive Team (not to be confused with the archive.org Archive-It Team) is a rogue archivist collective dedicated to saving copies of rapidly dying or deleted websites for the sake of history and digital heritage. The group is 100% composed of volunteers and interested parties, and has expanded into a large amount of related projects for saving online and digital history.
Deutsche Bank's latest capital raising won't end its problems
My latest post at Forbes looks at the troubled Deutsche Bank and its latest attempt to improve its capital ratio: Deutsche Bank has finally admitted – to no-one’s surprise – that it needs more capital. It has announced plans to raise 8bn EUR of new Core Tier 1 equity capital (CET1). Although everyone knew Deutsche Bank was short of capital, this admission is nevertheless somewhat embarrassing. Only last year, Deutsche Bank raised 3bn EUR with a rights issue and claimed that no further capital would be needed. Yet recently it announced plan s to raise up to 1.5bn EUR of “additional capital” – debt which can convert to equity if CET1 falls below an agreed level. Now it seems even more of the best quality capital is needed as well. What on earth has gone wrong? Find out here .
