european banking stocks plunge dragged down by deutsche bank
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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European banking stocks plunge, dragged down by Deutsche Bank

Arab Today, arab today

Arab Today, arab today European banking stocks plunge, dragged down by Deutsche Bank

Banking stocks across Europe have fallen
Paris - AFP

 Banking stocks across Europe plunged Friday, dragged down by a sharp opening fall in shares in Deutsche Bank, Germany's biggest lender.

Deutsche stock dropped around nine percent in early business amid fears about its viability, pulling down its peers, with Societe Generale in Paris, Barclays in London, Unicredit in Milan and Santander in Madrid losing between four and five percent in response.

But Deutsche shares recouped some of their early losses after the first hour of trading, posting a two-percent loss by 0810 GMT.

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