Deutsche Bank stocks sink
STORY: Deutsche Bank stocks sink
DATELINE: March 26, 2023
LENGTH: 00:01:11
LOCATION: FRANKFURT, Germany
CATEGORY: ECONOMY
SHOTLIST:
1. various of the Deutsche Bank and Commerzbank AG
2. various of street views
STORYLINE:
The share prices of Germany's biggest lender Deutsche Bank (DB) plunged on Friday as concerns about the health of European banks are mounting in the wake of the collapse of banks in the United States.
DB topped the list of companies that suffered the sharpest decline of their shares on the German stock exchange (Deutsche Boerse), down 8.53 percent at closing on Friday. The share price of Commerzbank AG, the second largest bank in Germany, dropped 5.45 percent.
DB has lost some 30 percent of its market value since the onset of worries about the banking sector sparked by the shutdown of the U.S. Silicon Valley Bank about two weeks ago.
There is still no sign that investors' nervousness about European banks is abating. The slump of share prices of DB and Commerzbank is believed to
- Product Code
- ILEA001256045
- Registered date
- 2023/3/26 00:00:00
- Credit
- Xinhua / Kyodo News Images
- Media source
- Xinhua News Agency.All Rights Reserved
- Media size
- 1920 × 1080 pixel
- Deployment size
- 74.42(MB)*
*File size when opened in Photoshop, etc.