Deutsche Bank Shares Plummet to new Lows as Fears Escalate - TheStreet

Deutsche Bank Shares Plummet to new Lows as Fears Escalate

The situation at Deutsche Bank is deteriorating and shares are down 7% in Europe.
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The situation at Deutsche Bank  (DB) - Get Report  is deteriorating and shares are down 7% in Europe. A Bloomberg report indicated that 10 hedge fund clients are reducing their dealings with Germany's biggest bank. The head of the Europe's largest investment bank directly addressed the report, telling a German newspaper that the bank had not seen any noticeable outflow of funds. 34 million people have already started their holiday shopping. Creditcards.com says by the end of November, one-quarter of U.S. adults plan to have finished their holiday shopping. The real overachievers are the ones who are already finished-about a million Americans. The movie 'Deepwater Horizon' opens today at theaters across the United States. The film depicts the blowout of the Deepwater Horizon offshore drilling rig that had a blowout in the Gulf of Mexico in April 2010.

This article was written by a staff member of TheStreet.