Deutsche Bank Defends Itself With Stock Near All-Time Low

Deutsche Bank
AG


DB -1.77%

, its shares trading near all-time lows, sought Thursday to reassure investors about the German bank’s stability following a fresh wave of negative news, including a surprise raid on its Frankfurt headquarters last week.

Finance chief James von Moltke said in a televised interview that Deutsche Bank experienced a “very muted client response” to last week’s raid by German authorities of Deutsche Bank offices in a money-laundering and tax-evasion probe.

“To date, we’re not aware of any wrongdoing on our part,” Mr. von Moltke

... read more at: https://www.wsj.com/articles/deutsche-bank-defends-itself-with-stock-near-all-time-low-1544115027

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