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Deutsche Bank shares fall to lowest level since mid-1980s
Mounting fears over troubled German bank’s ability to pay large potential fines drives down share price to one-third less than financial crisis. Deutsche Bank’s shares have fallen to a new low amid doubts over the ability of Germany’s biggest bank to pay potential multibillion-dollar fines for past wrongdoing. The bank’s shares fell 6% to €10.72 on Monday morning – more than a third less than in the depths of the financial crisis. The shares have more than halved this year as investor concerns over Deutsche’s weak financial position have mounted. Deutsche said this month it would contest a $14bn ... (full story)
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