Deutsche Bank is diving
Deutsche Bank shares opened 4% lower in Germany on Thursday after the bank failed the US Federal Reserve's Dodd-Frank stress test.
The test measures the ability to respond to an event similar to the financial crisis, and examines 33 financial institutions with more than $50 billion (£37.1 billion) in assets in the US.
Shares in Deutsche Bank have recovered after an hour of trade and are now around 3% lower.
Investing.comSantander also failed the Dodd Frank test, while Morgan Stanley received a conditional non-objection and must resubmit its plan. The bank has until December 29 to do so.
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