MM106: Deutsche Bank triggers a slide in European bank shares
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Deutsche Bank Shares Are Not Going Anywhere
UBS's deal with Credit Suisse wasn't out of the blue, right? Because the demise had been for some time. So surely like let's just ride the wave down in this current hysteria; but Deutsche is not going anywhere. But look, we've got what are we now 12 10 past 12, right? The New York Stock Exchange is going to open at 130. And what happens to that share price in this session will tell you or point towards whether Deutsche Bank's going to hit a low here at eight euros and stabilize - or there might be another wave down.
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