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Banking shares plummeted in Europe and Asia on Friday as turmoil in the sector and the latest interest rate hikes raised concern about a potential recession. Deutsche Bank shares tumbled on Friday after the cost of insuring the bank's debt against the risk of default shot to more than four-year highs, highlighting concerns Will Deutsche Bank be the next domino to fall after the collapse of Credit Suisse? We think not, as Deutsche Bank and Credit Suisse are very different beasts. We Earlier today, the shares of Deutsche Bank dipped by 13%. This plunge was linked to the increase in credit default swaps that occurred on the night of March 23. The Deutsche Bank’s shares slumped 11.1 per cent becoming the major loser on the STOXX 600 index. The bank also had a sharp increase in the cost of insuring against Shares of Deutsche Bank tumbled as much as 13% on Friday after the German lender learned it would have to pay higher rates to insure its bondholders against Deutsche Bank shares fell more than 10% on Friday and over 30% since March 1 as investors grew anxious about the banking sector’s health. The impetus behind

Deutsche Bank Shares Plunge 13%: Is This the Next Domino to Fall?

Earlier today, the shares of Deutsche Bank dipped by 13%, sending shockwaves through global markets. This dramatic plunge has fueled speculation: Will Deutsche Bank be the next domino to fall after the collapse of Credit Suisse?

The Deutsche Bank’s shares slumped 11.1 per cent becoming the major loser on the STOXX 600 index, reflecting growing anxiety among investors. Deutsche Bank shares fell more than 10% on Friday and over 30% since March 1, highlighting increasing concerns about the banking sector’s overall health.

What's Behind the Deutsche Bank Share Plunge?

Banking shares plummeted in Europe and Asia on Friday as turmoil in the sector and the latest interest rate hikes raised concern about a potential recession. Deutsche Bank shares tumbled on Friday after the cost of insuring the bank's debt against the risk of default shot to more than four-year highs, highlighting concerns.

This plunge was linked to the increase in credit default swaps that occurred on the night of March 23. The bank also had a sharp increase in the cost of insuring against. Shares of Deutsche Bank tumbled as much as 13% on Friday after the German lender learned it would have to pay higher rates to insure its bondholders against.

Is Deutsche Bank the Next Credit Suisse?

The question on everyone's mind is whether Deutsche Bank faces the same fate as Credit Suisse. We think not, as Deutsche Bank and Credit Suisse are very different beasts. The impetus behind the current market jitters requires careful analysis to determine the true risk to Deutsche Bank's stability.

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