Market fears Deutsche Bank risk

10 February 2016

 

A massive sell-off in European bank shares has led to the co-chief executive of Deutsche Bank, John Cryan, issuing a statement to reassure clients, investors and staff that Deutsche Bank is “rock solid” with a “strong capital and risk position”. The bank’s shares plunged to a record low price with the market capitalisation of one of Germany’s biggest banks now only around €20 billion. German finance minister, Wolfgang Schauble, also...

read full story