Search results
- Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability of European banks persisted. The Frankfurt-listed stock was down 14% at one point during the session but trimmed losses to close 8.6% lower on Friday afternoon.
People also ask
Why did Deutsche Bank shares fall?
Why did Deutsche Bank share price drop 9 per cent?
What happened to Germany's Deutsche Bank?
What happened to Deutsche Bank's Frankfurt-listed shares?
Why did Deutsche Bank stock drop 8% on Friday?
How did Deutsche Bank perform in premarket trading?
Mar 24, 2023 · Shares of German megabank Deutsche Bank slumped on world exchanges Friday as the cost of insuring its bonds against default rose sharply, in another sign global fears of a financial system...
- Contributor
Apr 29, 2024 · Deutsche Bank shares were down 9% on Monday after news that a long-running lawsuit claiming it underpaid for its purchase of its giant Postbank division could cost up to 1.3 billion euros ($1.39...
Mar 24, 2023 · Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability of European banks persisted. The Frankfurt-listed stock was down...
Mar 24, 2023 · Shares of Deutsche Bank are down 7% as of 11am E.T., and they’ve fallen 19% since the failure of Silicon Valley Bank and Signature Bank.
- Bill Mccoll
- What Happened
- So What
- Now What
Shares of large German lender Deutsche Bank (DB-0.72%)traded as much as 11.3% lower in pre-market trading on Friday before paring some of those losses. As of 10:47 a.m. ET, the stock was down roughly 8%. The culprit appears to be an abrupt rise in the cost of credit default swaps (CDS) tied to the bank.
This morning, the cost of Deutsche Bank's five-year senior CDS rose to 2.22%, up from 0.88% earlier this month. CDS are essentially a way to hedge against the risk of default, so if the cost of CDS goes up, it can be an indication that investors are more concerned about a company. While Deutsche Bank has had its fair share of issues in the past, th...
Given what has happened with several banksrecently and the velocity of deposit outflows they've experienced, it's easy to see why the market is jittery. But in terms of capital and liquidity, Deutsche Bank is really as well positioned as any large comparable bank. It has also made strides in transitioning its business in recent years. I view this s...
Mar 24, 2023 · Shares in Germany's Deutsche Bank fell by 14% at one point on Friday, with other lenders also seeing big losses. London's FTSE 100 ended the day down 1.3%, while stock markets in Germany and...
Mar 24, 2023 · Deutsche Bank shares closed down 9 per cent on the German stock exchange, and have now lost one-fifth of their value since the start of March. The drop in the share price on Friday comes amid a...
