Published 1 year ago

Deutsche Bank tumbles as nervous investors seek safer shores

Summary by Ground News

Shares of Germany's largest bank Deutsche Bank slid on Friday as investors fretted that regulators and central banks have yet to contain the worst shock to the sector since the 2008 global financial crisis. Wider indicators of financial market stress were also flashing, with the euro falling against the dollar, euro zone government bond yields sinking and the costs of insuring against bank defaults surging.

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Times of India

Ubs: Deutsche Bank, UBS hit as bank fears spark stress signals

European banking stocks, including Deutsche Bank and UBS, fell due to concerns that regulators and central banks have yet to solve the issues that financial institutions are facing. Deutsche Bank's shares have dropped by 20% this month, and the cost of its 5-year credit default swaps (CDS) reached a four-year high.

1 year ago·India

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Reuters

Deutsche Bank tumbles as nervous investors seek safer shores

1 year ago·United Kingdom

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News24

Deutsche Bank, UBS hit as bank fears spark stress signals

European banking stocks fell sharply on Friday, with Deutsche Bank and UBS knocked by worries that actions by regulators and central banks have not yet contained the worst problems to face the sector since the 2008 global financial crisis.

1 year ago·South Africa

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IBTimes

Deutsche Bank And UBS Shares Hit As Banking Fears Keep Tight Grip

Banking stocks fell sharply in Europe on Friday with heavyweights Deutsche Bank and UBS Group hit hard by worries that the worst problems in the sector since the 2008 financial crisis were not yet

1 year ago·United States

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UOL

Deutsche Bank and UBS shares fall under pressure due to fears about a crisis in the banking sector

European bank shares fell sharply this Friday (24), with Deutsche Bank and UBS Group affected by concerns that the worst problems in the sector since the 2008 financial crisis have not yet been contained. Read more (03/24/2023)

1 year ago·Brazil

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OAN

Deutsche Bank and UBS shares hit as banking fears keep tight grip

By Sruthi Shankar and Amanda Cooper (Reuters) - Banking stocks fell sharply in Europe on Friday with heavyweights Deutsche Bank and UBS Group hit hard by worries that the worst problems in the sector since

1 year ago·San Diego, United States

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