WORLD ECONOMY FEARS: US stock markets SLUMP after Deutsche Bank hits all-time low

WORLD ECONOMY FEARS: US stock markets SLUMP after Deutsche Bank hits all-time low
 

Deutsche Bank's US listed shares dropped as much as 9.02 per cent in the day, closing at a drop of 6.74 per cent and marking an all-time low.
In the last fortnight Germany's biggest bank has seen fines mounting to billions of pounds from the U.S. Justice Department.
It has also been refused help from the German Government for a state-backed rescue plan. 
Today the three major US stock indexes hit session lows shortly after Bloomberg reported that approximately 10 hedge funds were withdrawing cash excess cash at Deutsche Bank. 
The current plight the leading German bank is facing has been... read more

 
29 September 2016 in Business, Views: 54
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