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Why did Deutsche Bank's shares fall sharply on Friday?

FRANKFURT, Germany (AP) — Shares in Deutsche Bank fell sharply Friday, dragging down other major European banks and leading German Chancellor Olaf Scholz to express confidence in the country’s largest lender after fears about the global financial system sent fresh shudders through the market.

What happened to Deutsche Bank and Commerzbank?

Merger collapse plunges Germany’s biggest banks into uncertainty. Deutsche Bank and Commerzbank have abandoned their plan to merge after six weeks of fruitless talks, plunging Germany’s largest banks into fresh uncertainty as they grapple with market share losses to Wall Street rivals.

Is Deutsche Bank on a downward spiral?

After a hard-hitting sequence of scandals, poor decisions, and unfortunate events, Frankfurt-based Deutsche Bank shares are now down -48% on the year to $12.60, which is a record-setting low. Even more stunning is the long-term view of the German institution’s downward spiral.

What's happening with European banks?

We’ll send you a myFT Daily Digest email rounding up the latest European banks news every morning. Deutsche Bank and Commerzbank have abandoned their plan to merge after six weeks of fruitless talks, plunging Germany’s largest banks into fresh uncertainty as they grapple with market share losses to Wall Street rivals.

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