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Deutsche Bank Hits Record Low as It Defends Troubled U.S. Unit

Chad Thomas, Donal Griffin
Deutsche Bank Hits Record Low as It Defends Troubled U.S. Unit

Deutsche Bank AG fell to a record low Thursday after reports that U.S. regulators added it to a group of troubled lenders they monitor. The firm said it’s overhauling the operations at issue, and that there are “no concerns” about its financial stability. The stock dropped 7.2 percent to 9.16 euros in Frankfurt, the lowest close since Bloomberg began keeping records in 1992.