Deutsche Bank tumbles as nervous investors seek safer shores
10 Articles
10 Articles
WRAPUP 8-Deutsche Bank tumbles as nervous investors seek safer shores
WRAPUP 8-Deutsche Bank tumbles as nervous investors seek safer shores 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 insurin…
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.
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.
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