|Day Low/High||5.67 / 5.78|
|52 Wk Low/High||5.21 / 9.39|
European stocks are slipping after 25 banks failed stress tests by the European Central Bank.
the German lender is expected to pay between $600 million and $800 million to resolve investigations into its dealings with Iran and other countries under U.S. sanctions.
Deutsche Bank (DB) shares are down following reports that it is negotiating a settlement with U.S. regulators over money laundering accusations.
Shares of Societe Generale (SCGLY) are up after the Paris-based bank denied having any interest in acquiring Commerzbank (CRZBY).Bilanzyesterday that the bank and Spain's Santander SAN were considering a merger, Reuters reports.
Shares of Commerzbank (CRZBY) are up on a report that France's Societe Generale (SCGLY) and Spain's Santander (SAN) are each considering a tie-up with the German bank.
Maybe the corner's been turned -- or maybe not -- but you might want to hang on to your shares for an eventual recover.
European bank stocks were mixed after Eurozone leaders agreed that the European Central Bank would begin regulating many of the continent's most important banks, beginning in March.
Three years as one of the worst stock markets doesn't mean Germany's troubles are over.
But with merger talks over, both institutions could become bit players in Europe.
A number of major investors are looking to carve up the bank should the merger talks fail.
Commerzbank's online brokerage unit may be setting hopes a bit high for this market.
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