Deutsche Bank Stock Plunges Again as Global Credit Jitters Flare – What Experts Predict Next
Deutsche Bank shares fell about 6% to €28.60 on Friday, among the worst DAX performers as the index dropped 2% amid global market turmoil. The sell-off followed surprise loan losses and alleged fraud at two U.S. regional banks, sparking fears of wider credit stress. European bank stocks slid roughly 3%, with Barclays also down over 5%. Gold surged to a record above $4,378/oz as investors sought safe havens.