Sep
26
Deutsche Bank Denies Asking Germany to Help in U.S. Dispute
ByThere are sickly European banks. And then there is Deutsche Bank.
Shares of the German banking giant, like those of a number of its peers in Europe, have swooned over the last year as investors reject banking models that rely on volatile market activities as opposed to collecting deposits or managing investor accounts.
The latest turbulence came on Monday. Shares of Deutsche Bank touched new lows after a German magazine reported that Berlin had ruled out providing government aid to Deutsche Bank…