SubscribeSign In

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/articles/deutsche-bank-what-is-happening-40c9ba9d

What’s Going On at Deutsche Bank?

German bank’s stock comes under pressure as investors worry about sector’s health

Deutsche Bank, Germany’s largest lender, is one of 30 global systemically important banks that regulators monitor more closely.Photo: Michael Probst/Associated Press
By Quentin Webb
 and Caitlin McCabe

Deutsche Bank AG stock tumbled Friday, and the cost of insuring the lender’s debt against default leapt to multiyear highs, in the latest sign of investor nervousness about global banks.

What is Deutsche Bank and why does it matter?

The bank is Germany’s largest lender, with total assets of about 1.337 trillion euros, or about $1.448 trillion, at the end of last year. It employs nearly 85,000 staff across 58 countries and is one of 30 global systemically important banks that regulators monitor more closely, in order to safeguard financial stability. 

What's News

Continue reading your article with
a WSJ subscription

Subscribe Now

Already a subscriber? Sign In

Sponsored Offers

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.