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Germany's Olaf Scholz dismisses fears over Deutsche Bank - Vimarsana News

Germany's Olaf Scholz dismisses fears over Deutsche Bank

Financial Times: Germany’s chancellor rejects Credit Suisse comparison.

Deutsche Bank shares drop 8.5% amid global jitters - Portland Press Herald - Vimarsana News

Deutsche Bank shares drop 8.5% amid global jitters - Portland Press Herald

But European leaders downplayed any risk of a possible crisis at a summit Friday.

Deutsche Bank Bloodbath Reignites Global Bank Crisis Fears - Vimarsana News

Deutsche Bank Bloodbath Reignites Global Bank Crisis Fears

Last night, amid the Fed's H.4.1 report, we noted an unprecedented surge in foreign official Repo ($60 billion) under the Fed's new FIMA repo facility, which means that the offshore scramble for dollars was alive and well, and someone really needed access to USD. The assumption was that it was Credit Suisse (or UBS) shoring up some shortfalls, but with the action of the last couple of days, others are worrying that there is more afoot in the EU banking system.

Analysts Say Deutsche Bank Won't Be The Next Credit Suisse - Vimarsana News

Analysts Say Deutsche Bank Won't Be The Next Credit Suisse

(CTN News) - Market panic over European banking stability led to a drop in Deutsche Bank shares Friday while insurance costs spiked.........

Deutsche Bank shares drop amid global jitters over banks - Vimarsana News

Deutsche Bank shares drop amid global jitters over banks

FRANKFURT, Germany (AP) — Shares in Deutsche Bank fell sharply Friday, dragging down other major European banks and leading German Chancellor Olaf Scholz to express confidence in the country’s largest lender after fears about the global financial system sent fresh shudders through the market.

Source: apnews.com