How Deutsche Bank caught fire as Europe's banking crisis spreads
German titan’s sudden share price plunge sends investors scrambling
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German titan’s sudden share price plunge sends investors scrambling
Central banks and regulators had hoped that the Credit Suisse rescue deal would help calm investor jitters about the stability of Europe’s banks.
FRANKFURT, Germany (AP) — Shares in Deutsche Bank fell sharply Friday, dragging down other major European banks and leading German Chancellor Olaf Sch
The German bank’s shares fell as much as 15 per cent before paring losses to end the day down 8.5 per cent in Frankfurt.
Deutsche Bank AG fell by the most in three years and the cost of insuring its debt against default rose, in a selloff that Citigroup Inc. analysts described as irrational.