Deutsche Bank shares plunge to fresh lows dragging down London market



Deutsche Bank's shares have plummeted to fresh lows, hitting their lowest level since the 1980s.
Shares in the troubled German bank slipped to 9.98 euros at one point before settling at just above the 10 euro mark, down over 6%.
The collapse follows reports that ten hedge funds had reduced their exposure to the lender and have taken their business elsewhere.
The news spooked investors, who have continued a dramatic sell off which was triggered by a proposal tabled by US authorities that could see the bank slapped with a 14 billion US dollar (£10.5 billion) bill, linked to the sale of... read more

 
30 September 2016 in Regional East, Views: 38
Source: Belper News
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