Record Decline

Kicked Out of the Top League

The twin tower skyscraper headquarter offices of Deutsche Bank AG stand in Frankfurt, Germany, on Monday, July 25, 2016. Deutsche Bank Chief Executive Officer John Cryan will try to convince investors this week that his efforts to turn around Europe's biggest securities firm will succeed. Photographer: Martin Leissl/Bloomberg
Deutsche Bank's share price is failing to reach the heights it once did.
  • Why it matters

    Why it matters

    The index setback shows just how far Deutsche Bank has fallen compared to its rivals, and could be a worry for Europe’s largest economy.

  • Facts

    Facts

    • The Stoxx Europe 50 includes the 50 most valuable companies across 18 European countries and is updated quarterly.
    • Deutsche Bank and Credit Suisse were removed from the index in the latest update as their market capitalization has fallen out of the top 50.
    • Shares in Germany’s two largest banks – Deutsche Bank and Commerzbank – have lost more than half their value in the past year.
  • Audio

    Audio

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It was another massive sell-off of European banking stocks on Tuesday, as investors are increasingly withdrawing their confidence in the future of some of the biggest banks on the continent.

Germany, Europe’s largest economy, is bearing the brunt. Shares in the country’s two largest financial firms, Deutsche Bank and Commerzbank, were once again pushed to historic lows by worried investors, who fear that both banks may soon need to shore up their reserves.

For Deutsche Bank, the collapse in its share price over the past year has had some serious consequences: Germany’s largest bank has toppled out of the top league of companies in Europe.

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