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Deutsche Bank's Brutal Share Slump Leaves Sewing on Back Foot

  • Stock has slumped for seven straight trading days to fresh low
  • That may add urgency to a potential merger with Commerzbank
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Deutsche Bank CFO on Earnings, Saudi Arabia, Mergers
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Deutsche Bank AG Chief Executive Officer Christian Sewing gave himself one year to turn around the lender. Six months into his tenure, urgent questions about the future are becoming louder as the stock slumps to record lows.

After disappointing investors by posting the lowest third-quarter revenue in eight years and abandoning some targets, the stock rout worsened, producing Deutsche Bank’s worst week since late March. Contraction at the investment bank, the biggest contributor to the top line, and failure to reinvigorate growth are adding to signs Sewing is struggling to stop the decline.