Published 1 year ago

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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CNBC

Deutsche Bank is not the next Credit Suisse, analysts say as panic spreads

Central banks and regulators had hoped that the Credit Suisse rescue deal would help calm investor jitters about the stability of Europe's banks.

1 year ago·United States

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Fortune

Deutsche Bank shares tumble amid banking turmoil, but analyst says 'it is not the next Credit Suisse'

The widespread declines undermine hopes among authorities that the government-brokered rescue of Credit Suisse Group AG last weekend would stabilize the broader sector.

1 year ago·New York, United States

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Le Soir

Why Deutsche Bank is probably not the new Credit Suisse

The stock of Germany's largest bank was sanctioned in Frankfurt on Friday. The German chancellor said, at the end of a European summit devoted in particular to the banking union, that “there was nothing to worry about.” This seems to be confirmed by several observations.

1 year ago

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