Deutsche Bank and the Nonstop Bleeding of Europe’s Lenders
The EU still hasn’t figured out how to live with historically low interest rates.
William Rhodes: Three Things Deutsche Bank Must Do
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It’s been more than eight years since the financial crisis. Shouldn’t the No. 1 bank in Europe’s biggest economy have found its footing by now?
Germany’s Deutsche Bank has investors rattled, policymakers muddled, and anyone else who’s paying attention feeling a little queasy. The trigger was news in September that the bank could be hit with a $14 billion penalty for alleged misdeeds during the U.S. mortgage boom. Fearing Deutsche Bank would have to raise capital—selling stock and diluting per-share value—or even find itself in need of a state bailout, investors sent its shares tumbling to a record low on Sept. 26.