Deutsche bank bids for last big sale at NAMA

Group expresses interest in projects Emerald and Ruby

Deutsche Bank headquarters in New York Pic: Getty

Europe's largest investment bank Deutsche Bank has put in a bid for one of the last big portfolio sales at the National Asset Management Agency (Nama).

It has put in a joint offer withGoldman Sachs and a US investment firm CarVal, which shores up distressed assets.

The two portfolios - Emerald and Ruby - have a combined value of €4.7 billion and include €750 million of residential property loans leftover from the property ...