Deutsche Bank shares touch fresh record lows as big clients flee

‘Deutsche Bank stock fell eight percent to $11.48 per share in early Friday trading on reports several big hedge funds withdrew billions of dollars to cut exposure to the German lender.
The share price of Germany’s biggest bank is down over ninety percent since their peak of $127.81 in April 2007.
According to Bloomberg, among the 10 hedge funds that are running from Deutsche are Izzy Englander’s $34 billion Millennium Partners, Chris Rokos’s $4 billion Rokos Capital Management, and $14 billion Capula Investment Management. However, this is a fraction of Deutsche Bank’s 800 client hedge fund business.’
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