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IPFS News Link • Germany

BANK COLLAPSE: DEUTSCHE BANK STOCK PLUNGES TO ALL TIME LOW AFTER MERKEL REJECTS BAILOUT

• http://nextnewsnetwork.com

Tyler Durden for Zero Hedge reports As reported over the weekend, in an unexpected announcement Angela Merkel announced that she has ruled out state aid for Deutsche Bank, and the market reaction has been swift and brutal, with the bank's shares tumbling to a new all time low, sliding more than 6% this morning to €10.70, amid concerns that mounting legal bills, including a looming fine over its pre-crisis mortgage bond business, may force the lender to raise capital.


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