Because the share sale is relatively small, Deutsche Bank doesn't need to offer all existing shareholders the right to participate, a potentially costly and complex process that executives were eager to avoid.
"Just getting the macroeconomic fundamentals right isn't enough anymore, " says Masood Ahmed, head of the World Bank's Poverty Reduction and Economic Management Network.
"Daniels will hope that those investors don't start to have serious doubts about whether he is the right man to attempt to rebuild a bank that many would say has been seriously weakened by the acquisition of HBOS, " our correspondent says.
