Deutsche Bank, Germany’s largest financial conglomerate in terms of number of employees and assets, is a profitable bank, there is no reason to think about helping it. This was expressed by German Chancellor Olaf Scholz, commenting on the problems with some European and American banks, Wrote agency TASS.
“This is a very profitable bank, there is no reason to think about it. Scholz said the banking system in Europe is stable.
The previous day, the price of Deutsche Bank securities fell 11.5%. Until the closing of trading shares of a credit institution showed 8.53% decrease.
Press service of the Federal Deposit Insurance Corporation (FDIC) in the first half of March reported About the destruction of the American investment Silicon Valley Bank (SVB), which ranks 16th in terms of assets in the United States. SVB has become the largest US bank to go bankrupt in the past 15 years.
Last week, Swiss Credit Suisse’s press service reported that Switzerland’s largest bank UBS bought Credit Suisse 3 billion francs ($3.24 billion). Credit Suisse securities in the first half of March collapsed More than 11% due to the bankruptcy of the SVB.
In the early hours of March 25, CNBC knowledgeableHe said customers of American credit institutions had withdrawn $98.4 billion from their accounts in the week leading up to March 15, following the bankruptcy of investment SVB and commercial Signature Bank.