This message brought to you by Deutsche Bank, proud supporter of “Please don’t bank run us into the ground” …

by BoatSurfer600

• The emergency rescue of Credit Suisse by UBS, in the wake of the collapse of U.S.-based Silicon Valley Bank, has triggered contagion concern among investors.

• This was deepened by further monetary policy tightening from the U.S. Federal Reserve on Wednesday.

• Deutsche Bank underwent a multibillion-euro restructure in recent years aimed at reducing costs and improving profitability.

• Deutsche Bank recorded annual net income of 5 billion euros ($5.4 billion) in 2022, up 159% from the previous year.

www.cnbc.com/2023/03/24/deutsche-bank-is-not-the-next-credit-suisse-analysts-say-as-panic-spreads.html