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German financial CRASH: Deutsche Bank plummets as shares become 'junk stocks'

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GERMANY is at risk of a financial crash, as Deutsche Bank's shares have plummeted to become 'junk stocks'.

Capital Group's exit followed a similar move by US private equity firm, Cerberus, which sold its sizable shares in Deutsche Bank and Commerzbank in January 2022.But a statement from Deutsche Bank said it remained"confident", adding:"Our focused business model and risk-management capabilities have proven their resilience in challenging times.

 

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Sverige Senaste nytt, Sverige Rubriker