Can Olaf Scholz be Trusted When He Says Deutsche Bank is not the Next Bank to Worry About?
Shares in Deutsche Bank, Germany’s largest lender, fell by as much as 14% on Friday, with other banks across Europe also seeing significant losses. Commerzbank in Germany fell by 5%, Societe Generale in France dropped by 6%, and Standard Chartered in the UK was down over 6%. Deutsche Bank did recover somewhat but still closed …