Deutsche Bank

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German Economy Minister Slams ‘Irresponsible’ Deutsche Bank

(AFP) – German Economy Minister Sigmar Gabriel on Sunday lashed out at Deutsche Bank’s handling of its troubles, saying “irresponsible” managers had put thousands of jobs at risk. “I don’t know whether to laugh or cry that the bank, which

Deutsche Bank

German Banking Crisis: Euro Shares at Eight Week Low

LONDON, Sept 30 (Reuters) – European shares fell sharply in early deals on Friday to touch their lowest level in eight weeks as fresh concerns over the stability of Deutsche Bank hit banking stocks.

Deutsche Bank (Hannelore Förster / Getty)

Deutsche Bank May Be on Verge of Lehman Brothers Moment

Following the U.S. Justice Department’s demand for $14 billion to settle a mortgage-backed securities probe, several big hedge funds moved their derivative holdings from Deutsche Bank to other firms to avoid the risk of another Lehman Brothers-style liquidity squeeze.

Deutsche Bank

Senior German Lawmaker Says No More Aid For Ailing Banks

BERLIN, Sept 29 (Reuters) – Germany will not grant any more state aid for ailing banks, a senior lawmaker in Chancellor Angela Merkel’s conservative bloc said on Thursday, a day after the government denied it was working on a rescue plan for Deutsche Bank, its biggest lender.

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Report: German Government Preparing Deutsche Bank Rescue Plan

FRANKFURT (Reuters) – The German government and financial authorities are preparing a rescue plan for Deutsche Bank in case the lender would be unable to raise capital itself to pay for costly litigation, German weekly Die Zeit reported. According to