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Monday, October 3, 2016

Deutsche bank comes under intense market scrutiny

Deutsche Bank's US equity shares hit an all-time low at the end of September after it was reported that ten hedge funds were looking to reduce exposure to the bank, in a sort of run on the bank from an equity point-of-view. Counterparties appeared concerned on conducting business with the bank. This corresponds to the time that a massive fine is expected from the USA in connection with Deutsche Bank's activities leading up to the 2008 financial crisis. Analysts now are working with the thesis that fears regarding the bank may be overblown.

https://www.nytimes.com/2016/10/01/business/dealbook/deutsche-bank-stock-bailout.html