30-09-2016 17:04 via news.yahoo.com

Deutsche Bank shares bounce back into red after slump

Deutsche Bank shares turned positive Friday after widening concerns about its financial strength earlier plunged them deep into the red and sent ripples of fear across the sector, weighing on global stock markets. A report that several hedge funds had withdrawn their investments in Germany's biggest bank had sent Deutsche Bank's shares plunging by nearly 10 percent. "People don't want to stay short on Deutsche Bank going into the weekend in case there’s a statement,” Sylvain Loganadi
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