Deutsche Bank Collapse Risk Grows As Experts Wait for Next ‘Domino to Fall’

• Deutsche Bank Collapse Risk Grows As Experts Wait for Next ‘Domino to Fall’
  by KATHERINE FUNG, https://www.newsweek.com/
  • Deutsche Bank’s shares dropped 11 percent on Friday and have now fallen 29 percent since the 2023 banking crisis began, sparking fears of a collapse.
  • “Looks like the banking crisis hasn’t been entirely put to bed,” Chris Beauchamp, chief market analyst at IG Group, told Reuters.
  • Despite the worries, German Chancellor Olaf Scholz and other analysts remain optimistic that the bank won’t suffer the same fate as Credit Suisse.

  Another bank is entering troubled territory amid the recent banking crisis that has spilled into global markets—this time in Germany. Deutsche Bank is facing fears of a collapse after shares dropped 11 percent on Friday morning, bringing those stocks down to a total of 29 percent since the bank chaos began on March 8.
  –
  “We are still on edge waiting for another domino to fall, and Deutsche is clearly the next one on everyone’s minds (fairly or unfairly),” Chris Beauchamp, chief market analyst at IG Group, told Reuters. “Looks like the banking crisis hasn’t been entirely put to bed.”
  –
  read more.

end