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Germany's flagship lender said it will also seek an additional 2 billion euros of subordinated capital over the next 12 months as it strives to narrow the gap with better-capitalised peers.Deutsche Bank is among a slew of European banks currently raising capital, including Russia's second-largest bank VTB, Germany's second largest lender Commerzbank as well as Greek and Spanish banks.According to a source close to the Deutsche Bank, the lender aims to improve its ability to increase dividend payouts in coming years. Since 2009, Deutsche Bank has kept its dividend stable at 75 cents a share.New shares will likely be sold at a discount of 5 to 7 percent to Monday's closing price of 32.90 euros, financial market sources said.The move was welcomed by analysts, as a bigger capital cushion gives banks greater flexibility to pay dividends and pursue acquisitions.It's long overdue. The question is whether it will be enough said Andrew Lim, analyst at Espirito Santo in London.Deutsche Bank shares closed up 1.7 percent at 32.90 euros.
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