Wednesday

7th Dec 2016

Ticker

Germany has no plans for Deutsche Bank rescue

Deutsche Bank is not in line for a rescue package, German finance ministry spokesman Martin Jaeger has said, after growing speculation that the bank could buckle under multi-billion euro fines. “The German government is not preparing a rescue plan, and there is no reason for such speculation,” he told press in Berlin. The bank is Germany's biggest lender, and its troubles raised concerns that Europe could face another systemic crisis.

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