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Deutsche Bank’s Fresh Low Underscores European Banking’s Decline

  • Bank stocks in region have barely budged since the 2008 crisis
  • Several lenders hit new lows as interest rates set to go lower
Deutsche Bank AG Said to See Mid-Year Merger If Turnaround Fails
Photographer: Krisztian Bocsi/Bloomberg

Deutsche Bank AG has hit bottom, again.

Two months after rebounding from its previous low, buoyed by optimism about Chief Executive Officer Christian Sewing’s strategy reboot, Germany’s largest lender fell to a fresh record in Frankfurt trading. The stock is now down 94% from its peak in 2007.