You are using an older browser version. Please use a supported version for the best MSN experience.

Deutsche Bank Shares Slide as Cost of Default Insurance Rises

Markets Insider reports that Deutsche Bank shares dropped 14% on March 24. Its U.S.-listed shares dropped 11% in premarket trading. The losses occurred after insurance against default increased on March 23. According to Refinitiv, the price of credit default swaps tied to the bank's bonds shot up from 142 basis points to 173 basis points in just one day.

UP NEXT

UP NEXT

image beaconimage beaconimage beacon