Tue, 11 Jan 2022 09:50:54 GMT
German bank shares drop
On Tuesday, the stock price for Deutsche Bank dropped 1.90%, and Commerzbank lost 3.20%.
The drop was caused by the US investment firm Cerberus selling its holdings in the two banks. The company sold a total of $500 million worth of shares. In the future the firm would hold 2.00% of Deutsche bank and 3.00% of Commerzbank.