Shares in Deutsche Bank fell sharply on Friday, dragging down major European banks as fears about weaknesses in the global financial system send fresh shudders through the markets.
Shares in Deutsche Bank, Germany's largest lender, fell sharply on Friday, dragging down major European banks as fears about weaknesses in the global financial system send fresh shudders through the markets.
Like Credit Suisse, Deutsche Bank is one of 30 banks considered globally significant financial institutions under international rules, so it is required to hold higher levels of capital reserves because its failure could cause widespread losses. European officials say banks in the European Union's regulatory system — unlike Credit Suisse — are resilient and have no direct exposure to Silicon Valley and little to Credit Suisse.
International negotiators agreed to those rules following the 2008 global financial crisis triggered by the failure of U.S. investment bank Lehman Brothers. U.S. regulators exempted midsize banks, including Silicon Valley Bank, from those safeguards.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Deutsche Bank and UBS shares hammered as banking fears keep tight gripBanking stocks fell sharply in Europe on Friday with heavyweights Deutsche Bank and UBS Group pummelled by worries that the worst problems in the sector since the 2008 financial crisis have not yet been contained.
Lire la suite »
Deutsche Bank drops, weighing on banking stocks and Scholastic tumbles on disappointing resultsU.S.-listed shares of European banks such as Deutsche Bank, UBS and Credit Suisse were under pressure, while
Lire la suite »
Deutsche Bank drops 13% amid fresh anxiety in global banking crisisDeutsche Bank’s stock is poised to drop for a third consecutive day as concerns abound over the stability of European banks.
Lire la suite »
Citigroup CEO says banking system ‘pretty sound’ after failures of Silicon Valley Bank, Signature BankCitigroup Inc CEO Jane Fraser on Wednesday expressed optimism in the nation's banking system despite the failures of Silicon Valley Bank and Signature Bank.
Lire la suite »
Deutsche Bank shares slump in latest sign of bank worriesDeutsche Bank shares slumped on Friday, putting the health of another globally systemic important bank in the spotlight heading into the weekend.
Lire la suite »
Gold climbs for 3rd day as bank jitters spread to Deutsche BankGold futures advanced on Friday for a third straight day, after logging the highest settlement level for a most-active contract in more than a year in the...
Lire la suite »