Deutsche Bank Is In Trouble

Credit: Wochit
Published on April 26, 2019 - Duration: 00:37s

Deutsche Bank Is In Trouble

According to CNN, Deutsche Bank is in rough shape and its leadership has gone silent on their plans for the future.

First quarter results from Germany's largest bank on Friday showed that revenue is falling faster than costs, one day after merger talks with crosstown rival Commerzbank (CRZBF) were called off.

Shares in Deutsche Bank (DB) dropped over 3% in Frankfurt, pushing losses over the past year to nearly 40%.

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