Deutsche Bank shares tumble as cost of default insurance spikes
Deutsche Bank (NYSE:DB) shares sank 13.5% in Frankfurt Friday in a sign that bank worries were not in the rearview mirror. The stock, down 9% in U.S. premarket trading, was looking at a third-straight day of losses. Shares have lost about a fifth of their value this month. Five-year credit default…
#deutschebank #frankfurt #refinitiv #deutschebankcds #ubs #treasury #michaelbrown #seekingalpha #cds