Deutsche Bank's share price hit another in a long line of record lows today. A decline of almost 5% resulted in a closing price of 8.15 euros. On the date the BBC article below was published its price stood at 10.49 euros, making for a decline of 20+% since then. During the 2007-2008 worldwide financial crisis it share price never fell beneath 16.0 euros
Deutsche Bank: World's most dangerous bank? https://www.bbc.co.uk/news/business-36723034
6 July 2016
Deutsche Bank shares hit a new record low today. Its value has halved since the beginning of the year.
So is it now the most dangerous bank in the world?
According to the International Monetary Fund - yes.
Last week, the IMF said that, of the banks big enough to bring the financial system crashing down, Deutsche Bank was the riskiest. Not only that, Deutsche Bank's US unit was one of only two of 33 big banks to fail tests of financial strength set by the US central bank earlier this year.
Reply With Quote
Originally Posted by Organ Morgan.
