Shares in Deutsche Bank fell sharply on Friday, as fears about vulnerabilities in Germany’s largest lender sent investors for the exits.
Deutsche Bank shares were off 14 per cent on the German stock exchange, and have now lost a fifth of their value since the start of March.
The drop in the share price on Friday comes amid a steep rise in the cost of financial derivatives pegged to the bank, known as credit default swaps.
Credit default swaps (CDS) are essentially insurance, which pay off if a company defaults on its loans. The higher the price of the insurance, the more likely the market thinks the underlying
