FEAR! Deutsche Bank shares witness heavy sell-off after credit default swaps spike
After Credit Suisse, yet another European bank—Deutsche Bank—is headed for trouble. Shares of Deutsche Bank dropped by over 14% on Friday, as credit default swaps experienced a significant surge on Thursday night. Shares of the German lender have now fallen for three consecutive days, losing over 20% of their value in March.
Source: timesnownews.com