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The Deutsche Bank crisis: How we got here, and where we are
Shares of Deutsche Bank have hit record lows this week on mounting worries about the struggling German lender, and they were dropping again on Thursday. On Thursday, a Bloomberg report raised concerns that a handful of funds are less willing to do business with the struggling firm. The report, citing a source and review of an internal document, said that a small number of the hedge funds that do derivatives business with the German bank have cut their exposure. Deutsche Bank shares dropped after the report and were on pace to close at a record low, though the number of funds that reduced their business with the bank ... (full story)
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