Muted response to Deutsche Bank's $8.5 billion cash call, strategic u-turn

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While the German government welcomed the move, the fourth such call from the lender for more cash since 2010, it left some investors wondering whether this was the last. It puts Deutsche Bank on course to have raised more than its entire 26 billion euro market value in the past seven years, according to Reuters' calculations.

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"The question is ... whether the bank will need more yet again in a few years. Until now, none of the restructuring measures have borne fruit," Stefan de Schutter, a trader at Frankfurt-based Alpha, said.