SE Asia Stocks-Lower as Deutsche Bank woes spook investors



By Anusha Ravindranath Sept 30 Southeast Asian share markets fell on Friday tracking Asian peers as concerns over the stability of Germany's largest lender, Deutsche Bank, prompted investors to pull back from financial stocks. Negative sentiment spilled over to regional markets with banking names facing fresh trouble after U.S.-listed shares of Deutsche Bank hit a record low overnight following a report that trading clients had withdrawn excess cash and positions held in the German lender. "The concern over Deutsche Bank's stability was driving down Wall Street. I think, that negative... read more

 
30 September 2016 in World News, Views: 39
Source: Reuters
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