Deutsche Bank TANKS as Berlin denies plans for bail-out package

Deutsche Bank TANKS as Berlin denies plans for bail-out package
 

Senior lawmakers disputed claims high-ranking officials were working on a contingency plan to save the country’s biggest bank in case Deutsche was unable to raise capital to pay legal bills.
Berlin said it will not grant any more state aid to ailing banks as Deutsche Bank disputes a fine of up to £10billion from the US Department of Justice over a mortgage scandal.
Concern about the bank's financial health sent its shares to a record low on Tuesday but chief executive John Cryan insisted the bank had not asked for state aid. 
ECB chief Mr Draghi refused to answer questions on Deutsche in a... read more

 
29 September 2016 in Business, Views: 50
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