FRANKFURT, March 28 - Recent volatility in Deutsche Bank
The German bank's shares tumbled last Friday as the cost of insuring its debt against the risk of default jumped to a more than four-year high, intensifying worries about the health of Europe's financial sector. "What concerned me really was the amount of nervousness, disquiet that I perceived in the market and among investors," Enria told a conference in Frankfurt.
Prices for Deutsche Bank's credit default swaps , have eased since Friday but remain far above levels preceding the collapse of Silicon Valley Bank and the sale of Credit Suisse, the catalysts for the recent turmoil across the banking sector.
GregCrennan A concern DB has €42 trillions exposure in derivatives or 9 times Germany GDP! A huge concern for the world financial system!
Deutsche Bank's business acumen is demonstrated by it being the only bank left in the world that was willing to loan Donald Trump anything more than a cup of sugar.