🔴 Deutsche Bank is trading 5% down today under pressure from rising yields and political uncertainty

Deutsche Bank is trading 4.94% down at €29.86 as rising bond yields and political uncertainty weigh on European bank shares.

• Bloomberg reported on October 7 that Deutsche Bank and other lenders fell more than 5% in a broad European bank selloff.
• A separate October 7 report cited CFO Raja Akram’s earlier warning of flat or slightly lower year-over-year third-quarter investment banking revenue, alongside weak European market sentiment and macro uncertainty; it did not establish this as the sole cause.