How Deutsche Bank is different than Credit Suisse
Published
Is it even a Friday in March 2023 if a bank’s stock isn’t tanking over concerns of a default? German giant Deutsche Bank kept the streak alive yesterday when its shares sank 8.6%. What sparked the sell-off? A Thursday night jump in the company’s credit default swaps, which act as insurance for…
#deutschebank #ubs #deutschebanks #morningbrew