MM106: Deutsche Bank triggers a slide in European bank shares
Market Maker
00:00
The Invisible Thing of Trust
Deutsche Bank and now the one that everyone's looking at. I'd say, in a way, Janet Yellen is maybe a little bit responsible for this. So what's happened this week? Last couple of days, Deutsche Bank deposit withdrawals. And the credit default swap on Deutsche Bank. That's kind of kickstarted then this big move to the downside on their share price. The thing is, it's like a big boulder, right? And if you just tip it off the top of the mountain, and it just starts to roll, it is very hard to stop that boulder.
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