Deutsche Bank’s days on Euro Stoxx 50 benchmark may be numbered


In peril: Germany’s biggest bank has lost more than 40 of its value this year after chalking up its third straight annual loss. — Reuters

FRANKFURT: The sell-off in Deutsche Bank AG, which drove the stock to a record low last month, is putting its 20-year membership of the Euro Stoxx 50 benchmark in peril.

Germany’s biggest bank has lost more than 40% of its value this year after chalking up its third straight annual loss, replacing its chief executive and failing the first public stress test of its US business.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Deutsche , exit , down

   

Next In Business News

Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter
Gold rises on Fed rate cut hopes, Middle East tensions
Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices
Ways China must tread for seamless transition to new era
Home sweet home
Asia shares rally on China's gains, Fed cut bets; yen weakens
Seeking cover from middlemen
A real need for local giants
Data centre boom - at watt cost?
Global momentum continues to lift Bursa Malaysia

Others Also Read