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Deutsche Bank Stock Falls on Contagion Fears

Deutsche Bank's shares fall as much as 15% amid fears of contagion in the global financial system despite being profitable and well-capitalized. Deutsche Bank offers to redeem a separate type of subordinated bond due in 2028. Investors have been avoiding banks perceived as vulnerable after the sudde

  • Deutsche Bank shares fall as much as 15% amid fears of contagion in global financial system.
  • Credit-default swaps soar to the highest levels since 2020.
  • Shares of other European banks also fall, but by less than Deutsche Bank.
  • Deutsche Bank offers to redeem a separate type of subordinated bond due in 2028.
  • Deutsche Bank's checkered past has long drawn skeptics.
Deutsche Bank Stock Falls on Contagion Fears
Concern over Germany’s leading lender emerges days after Credit Suisse was forced into a takeover

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