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Why Deutsche Bank is probably not the new Credit Suisse

Summary by Ground News
Deutsche Bank AG shares slump the most in three years. The bank said Friday it will redeem a tier 2 subordinated bond early. It was the worst performer in an index of European bank stocks, which fell as much as 5.7%. Crosstown rival Commerzbank AG, Spain's Banco de Sabadell SA and France's Societe Generale SA also saw steep drops.

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Fortune broke the news in New York, United States on Friday, March 24, 2023.
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