DEUTSCHE BANK Troubles Mount; Shares Slide

Share price hits lowest levels in more than three decades

Deutsche Bank has denied seeking assistance from Berlin and said it had no plans for a capital increase after investors attacked the embattled bank, sending its share price to its lowest levels in more than three decades.

Germany’s biggest bank closed down more than 7 per cent on Monday, pushing its shares to their lowest level since 1983 despite the bank’s denial of German media reports that it had sought support from Berlin in its regulatory fight with Washington — and been turned down.

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