, Columnist
Deutsche Bank's Woes Show Up in the Money Markets
The German bank's short-term funding costs are almost twice those of its peers.
You can't doctor borrowing costs any more.
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Deutsche Bank is in trouble. It’s embroiled in talks with the U.S. Justice Department to negotiate down a $14 billion fine for mortgage-market naughtiness. Its share price has halved in the past year. It was granted special treatment in July’s stress tests, according to the Financial Times. And in the European money market, its funding costs are almost twice as much as those of its peers.