Deutsche Adds Pressure to Europe's Banking Woes
A lenders’ selloff led by Deutsche Bank AG sent European equities toward a one-month low. The German lender sank 6.6 percent, heading for its biggest slump since the aftermath of the British secession vote, after rebuffing the $14 billion that the U.S. Justice Department is seeking to settle a probe into the firm’s sale of residential mortgage-backed securities. Royal Bank of Scotland Group Plc and Credit Suisse Group AG also fell more than 3.9 percent. A gauge tracking the region’s lenders was set for its lowest level since the end of August. Atlantic Equities Bank Analyst Christopher Wheeler discusses with Bloomberg's Francine Lacqua on "The Pulse."