Deutsche Bank shares open at record lows in Europe

Deutsche Bank shares open at record lows in Europe
 

Shares in troubled Deutsche Bank have opened down 7% in Europe, matching losses seen overnight in New York trading.
The trigger for the latest share price slide was reports that some hedge funds had taken out cash and withdrawn positions in its investment bank.
Deutsche Bank has said it is confident most clients understood that it is stable.
The shares are at €10.05 in morning trading in Frankfurt.
Investors are increasingly worried about the financial health of the bank, which now faces a $14bn fine in the US for mis-selling mortgage-backed bonds before the financial crisis of 2008.
The... read more

 
30 September 2016 in Business, Views: 34
Source: BBC
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