The dollar is at risk of losing its traditional status as a safe haven for global investors following a tariff backlash, a European banking giant has warned. German-based Deutsche Bank said: “This needs to be acknowledged as a possibility” after the speed and scale of geopolitical uncertainty accelerated the dollar’s turmoil.
(Bloomberg) -- The US dollar may lose its traditional safe-haven status as global markets adjust to a new geopolitical order, according to Deutsche Bank AG.
Deutsche Bank Fined €23 Million Over Spain Derivatives
· 1d
Deutsche Bank handed $24.3 million fine by German regulator
Deutsche Bank Fined €23 Million Over Spain Derivatives, Postbank
Germany’s financial regulator fined Deutsche Bank AG €23.05 million ($24.3 million) for breaching organizational requirements in connection with the sale of derivatives in Spain and over lapses at its Postbank retail unit.
· 20h · on MSN
Deutsche Bank stock surges on potential for German fiscal reform
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