After the opening of the European trading session, shares of Deutsche Bank collapsed by more than 7% to a new record low.
Some customers of the largest investment bank in Germany, including a number of large and influential hedge funds, withdrawal of assets in connection with the doubts about the stability of its operations, the agency reported earlier The Wall Street Journal.
Over the past few weeks, the German lender's shares are traded with high volatility. This morning, the price reached a level of € 10 per share. This is another record low. The main German stock index DAX fell by 1.7%, while shares in Europe's banking sector fell by 3% as a whole.
Ten of hedge funds, including Capula Investment, Rokos Capital Management and Millennium Partners, decided to reduce cooperation with the bank.
As you know, the American authorities require from Deutsche Bank compensation in the amount of $ 14 billion in questionable transactions with mortgages, which, in the opinion of the US government, led to the collapse of the national real estate market in 2008.
On Thursday, shares of the lender closed at 6.67% lower after falling 9.02% to $ 11.19, which is a session low in the history of the company.
Based on materials WELTRADE
