• Shares of Deutsche Bank (DB) in premarket trading dropped to 20-year low

Market news

26 September 2016

Shares of Deutsche Bank (DB) in premarket trading dropped to 20-year low

Deutsche Bank shares recorded a decline of 6.5%, reaching the lowest value in more than 20 years. According to the information by CNNMoney, the cause of the collapse was the message of the German government that will not interfere in the dispute with the United States Department of Justice, which requires from Deutsche Bank (DB) compensation in the amount of $ 14 billion, for dubious operations of mortgage loans, which led to the housing market crisis and the fall of 2008.

The German government refused to comment on the information.

DB's shares fell in premarket trading to $ 12.00 (-5.88%).

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