Deutsche Bank, UBS hit as bank fears spark stress signals

European banking stocks, including Deutsche Bank and UBS, fell due to concerns that regulators and central banks have yet to solve the issues that financial institutions are facing. Deutsche Bank's shares have dropped by 20% this month, and the cost of its 5-year credit default swaps (CDS) reached a four-year high.

Mar 24, 2023 - 21:30
Deutsche Bank, UBS hit as bank fears spark stress signals
European banking stocks, including Deutsche Bank and UBS, fell due to concerns that regulators and central banks have yet to solve the issues that financial institutions are facing. Deutsche Bank's shares have dropped by 20% this month, and the cost of its 5-year credit default swaps (CDS) reached a four-year high.