Friday's plunge in Deutsche Bank's share price — despite relatively strong capital and liquidity positions — left many market watchers confounded.
She suggested the likes of SVB and Credit Suisse may still be standing today had they not lost the confidence of their clients, evidenced by massive depositor outflows from both banks in recent months.
The slide in Deutsche Bank's stock price — which fell 8.6% Friday — could be one example of this. The bank launched a huge restructuring effort in 2019 and has since. Shares recovered 6.2% on Monday to close above 9 euros per share.There was some speculation that the drop could have been driven by Deutsche's exposure to U.S.
He pointed out that ahead of its emergency sale to UBS, Credit Suisse's common equity tier 1 ratio and liquidity coverage ratio, both key metrics of a bank's strength,Scott said failures were an inevitable consequence of rapid tightening of financial conditions by theand other central banks around the world in a relatively short space of time, but he stressed that big European lenders face a very different picture to small- and medium-sized U.S. banks.
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