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America’s banking crisis continues to spread, affecting banks in Europe

America’s banking crisis continues to spread, affecting banks in Europe

Mumbai, 27th March 2023: The European banking crisis shows no signs of abating as Deutsche Bank became the latest financial institution to experience a credit default. The bank’s shares plummeted over 14% on March 24 following the revelation, with another 6.5% drop the following day. This comes after the bank’s credit default swaps (CDS), which...