Published 1 year ago

Deutsche Bank shares slide 8% after sudden spike in the cost of insuring against its default

Summary by Ground News

Deutsche Bank shares fell by more than 8% in early trade on Friday following a spike in credit default swaps on Thursday night, as concerns about the stability of European banks persisted.

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Times of India

Deutsche Bank shares plunge, default insurance hits four-year high

Deutsche Bank shares tumbled on Friday after the bank's credit default swaps that insure against default shot to a four-year high, highlighting concerns among investors about the overall stability of Europe's banks.European banks have had a rough ride in the last week with a state-backed rescue of Credit Suisse and turmoil among regional US banks fuelling concerns about the health of the global banking sector.

1 year ago·India

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CTV News

Deutsche Bank shares drop amid global jitters over banks

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.

1 year ago·Canada

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The Independent

Deutsche Bank shares plummet amid fresh market jitters over financial stability

German chancellor urges calm and insists bank is ‘very profitable’

1 year ago·London, United Kingdom

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Reuters

Deutsche Bank shares plunge, default insurance at highest since 2018

Deutsche Bank shares tumbled on Friday after the cost of insuring the bank's debt against the risk of default shot to more than four-year highs, highlighting concerns among investors about the stability of Europe's banks.

1 year ago·United Kingdom

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Associated Press News

Deutsche Bank shares drop amid global jitters over banks

Shares in Deutsche Bank, Germany’s largest lender, have fallen sharply and dragged down major European banks as fears about the global financial system send fresh shudders through the market. Deutsche

1 year ago·United States

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abc News

Deutsche Bank shares drop amid global jitters over banks

Shares in Deutsche Bank, Germany’s largest lender, have fallen sharply and dragged down major European banks as fears about weaknesses in the global financial system send fresh shudders through the markets

1 year ago·United States

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