From Breakingviews - Deutsche Bank shrugs off basket-case mantle
And the German lender seems to have a relatively solid funding base: nearly 80% of its German retail deposits are.
Meanwhile, three-quarters of corporate banking deposits either have a fixed term or are used as part of the customers’ operations, making them stickier. Deutsche, previously the basket-case of European banking, was always a likely target for investors hunting for the next weak link. But, in this case, the panic doesn’t seem to have been justified.
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