Deutsche Bank shares slide 11% after sudden spike in the cost of insuring against its default

Deutsche Bank shares slide 11% after sudden spike in the cost of insuring against its default

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Deutsche Bank shares fell by more than 11% on Friday following a spike in credit default swaps Thursday night, as concerns about the stability of European banks persisted. The German lender's Frankfurt-listed shares retreated for a third consecutive day and have now lost more than a fifth of their…

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