Deutsche Bank shares tumble amid fresh banking fears
Deutsche Bank and the German Finance Ministry declined to comment.
Markets have been rattled by fears that other banks may have unexpected troubles like U.S.-based Silicon Valley Bank, which went under after customers pulled their money and it suffered uninsured losses under higher interest rates. 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.European leaders, who are gathering Friday to gauge any risk of a possible banking crisis, say their banking system is in good shape because they require broad adherence to tougher requirements to keep ready cash on hand to cover deposits.
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