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Re: BullNBear52 post# 208726

Friday, 03/24/2023 10:16:23 AM

Friday, March 24, 2023 10:16:23 AM

Post# of 222573
And there goes DB. I really should start shorting.

Deutsche Bank shares slide 11% after sudden spike in the cost of insuring against its default
PUBLISHED FRI, MAR 24 20235:05 AM EDTUPDATED 25 MIN AGO
Elliot Smith

KEY POINTS
The German lender’s shares retreated for a third consecutive day and have now lost more than a fifth of their value so far this month.
The emergency rescue of Credit Suisse by UBS, in the wake of the collapse of U.S.-based Silicon Valley Bank, triggered contagion concern among investors, which was deepened by further monetary policy tightening from the U.S. Federal Reserve on Wednesday.

https://www.cnbc.com/2023/03/24/deutsche-bank-shares-slide-8percent-after-a-sudden-spike-in-default-insurance-costs.html

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