After collapsing to a record low on Tuesday February 9th, Deutsche Bank came “roaring back”. Late that day, its management announced that it was considering buying back its own senior debt. This provided some reassurance to shareholders: by the close on Wednesday, Deutsche Bank’s share price was up over 10% and its CoCo yields were falling.
After collapsing to a record low on Tuesday February 9th, Deutsche Bank came “roaring back”. Late that day, its management announced that it was considering buying back its own senior debt. This provided some reassurance to shareholders: by the close on Wednesday, Deutsche Bank’s share price was up over 10% and its CoCo yields were falling.
Share this Article
Comment on this Article
Recommended
Please to comment