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THE TRUTH ABOUT: 2 | History Defined

Another major international bank shows first signs of financial distress

With global financial markets changing in an instant, several major banks have felt its wrath so far. Friday night, Germany's Deutsche Bank was in the firing line.

ABC News

Deutsche Bank scare forces Germany's chancellor to urge investors not to panic

Deutsche shares fell as much as 15% in trading on Friday, prompting concerns it might be the next domino to fall after failed lender Credit Suisse.

Fortune

Deutsche Bank is no Credit Suisse, despite investors’ fears

German lender’s shares were hit by general loss of confidence, not by any specific failings

The Guardian - UK

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Deutsche Bank shares plummet amid fresh market fears over financial stability

German chancellor urges calm and insists bank is ‘very profitable’

The Independent UK

Global banking crisis anything but over as investors dump giant USB’s shares

Banking stocks have fallen sharply with heavyweights Deutsche Bank and UBS hit hard by fears of the worst crisis since 2008 financial crisis

The New Daily

Can banks be sued for profiting from Epstein's sex-trafficking? A judge says yes

A trio of lawsuits allege that JP Morgan Chase and Deutsche Bank actively enabled Jeffrey Epstein to run a sex-trafficking ring for underage girls. A judge partially denied a motion to dismiss.

WEKU

Jeffrey Epstein victims sue JP Morgan Chase, Deutsche Bank under NY Adult Survivor Act

Jeffrey Epstein victims sued JP Morgan Chase and Deutsche Bank on Thursday under a new New York law that lifts the statute of limitations for sex abuse and assault lawsuits.

Tribune News Service

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Downing Street’s energy bill may reach almost £200 billion say City experts

Economists across the square mile are working out how much the price freeze will cost the government

Evening Standard

UK facing 1970s-style balance of payments crisis under Liz Truss

Tax cuts and spending pledges could alarm global markets and trigger a 30% collapse in sterling, Deutsche Bank warns

The Guardian - UK

Deutsche Bank's former India-born co-CEO Anshu Jain dies after battle with cancer

Jaipur-born Anshu Jain was diagnosed with duodenal cancer in 2017

The Hindu

Anshu Jain, Deutsche Bank chief in a pivotal era, dies at 59

Anshu Jain, Cantor Fitzgerald’s president who was known for his time leading Deutsche Bank traders into the lender’s investment banking heights, died five years after being diagnosed with duodenal cancer. He was 59.

Tribune News Service

Whistleblower linked to Trump found dead

Valentin Broeksmit supplied investigators with hundreds of documents about Trump's relationship with Deutsche Bank

Salon

Archegos quietly built stake in Deutsche Bank

Germany’s biggest bank was also among the lenders to the family office whose collapse left rivals with $10bn in losses

Financial Times

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