Turbulences in real-estate markets on both sides of the Atlantic raised fears of contagion risks for Europe’s financial sector, but analysts see European banks better insulated from the downturn than their American peers.
Statistically speaking, long term investing is a profitable endeavour. But that doesn't mean long term investors can...
Shares and bonds of German lender Deutsche Pfandbriefbank sank Thursday after S&P Global Ratings downgraded it over its big exposure to commercial real estate, particularly in the U.S. Investors have become [increasingly concerned about loan losses](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-earnings-02-07-2024/card/commercial-real-estate-woes-hit-german-banks-xyJZxMpPmaUXSIS3Pqjn) at the bank, which specializes in lending to property owners. The U.S. represents 15% of the bank's commercial real estate portfolio. + S&P said it expects Deutsche Pfandbriefbank bad-debt charges to increase this year, although the bank should remain profitable.