Deustche Bank (DB) shares are down after the bank’s credit default swaps that insure against default shot to a four-year high, Amanda Cooper of Reuters reports. This highlights concerns among investors about the stability of Europe’s banks after the state-backed rescue of Credit Suisse (CS) and turmoil among U.S. regional banks. Deutsche Bank’s credit default swaps, CDS, shot above 200 basis points, bps, from 142 bps two days ago. Shares are down 95c, or 9.84%, to $8.70 in premarket trading. Reference Link
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