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MM106: Deutsche Bank triggers a slide in European bank shares

Market Maker

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Deutsche Bank Down 15% on the Day

The banking sector is leading sentiment here. What I'm really looking for for this afternoon is first Republic Bank, which is the US bank that may well be next. UBS are down 6%, SOC, German down 7%. Nordia Bank is 10% down today. We've got Commerce Bank's down 8.4%. And you really want to monitor how quickly that gets going on the downside this afternoon.

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