‘We view this as an irrational market,’ Citigroup analysts worry that major bank stocks like Deutsche Bank are cratering for psychological reasons

‘We view this as an irrational market,’ Citigroup analysts worry that major bank stocks like Deutsche Bank are cratering for psychological reasons

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First Silicon Valley Bank, then Credit Suisse, now Deutsche Bank? Shares in Germany’s biggest lender fell by 14% at one point during Friday’s trading session before rebounding later in the day and trimming losses to around 3%. With the bank losing a fifth of its value since the beginning of March,…

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