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Bloomberg — Markets — Banking Crisis — Finance — Economy — Recession

Deutsche Bank Shares Plunge in Renewed Bout of Stress

Deutsche Bank and other European banks face financial instability amid concerns about a recession, leading to a selloff in financial shares.

1 min read
  • Deutsche Bank shares fell 12% on Friday, leading a selloff in financial shares.
  • Credit default-swaps on Deutsche Bank’s euro, senior debt surged to the highest since 2019.
  • Commerzbank slid 9% and Societe Generale fell 7%.
  • The collapse of Silicon Valley Bank and the emergency rescue of Credit Suisse has rattled investors.
  • The Stoxx 600 Banks Index was 4.4% lower on Friday, the worst-performing sector in Europe.
Deutsche Bank Shares Plunge in Renewed Bout of Stress
Deutsche Bank AG was at the center of another selloff in financial shares heading into the weekend.
BloombergMacarena Munoz Monti

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